PPP borrower record

MARCELO ELECTRO INC PPP loan record

Public SBA PPP loan record for MARCELO ELECTRO INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$12,100
Approved amount
$12,192
Forgiven amount
2020-06-12
Date approved

Borrower and loan details

Borrower
MARCELO ELECTRO INC
Loan number
2961797910
Business type
Corporation
Business age
New Business or 2 years or less
Borrower city
San Lorenzo
Borrower state
Puerto Rico
Borrower ZIP
00954
Jobs reported
8
Loan status
Exemption 4
Forgiveness date
2021-03-18
Servicing lender
Banco Popular de Puerto Rico
Originating lender
Banco Popular de Puerto Rico

Reported use of proceeds

Payroll
$12,100
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.