ERC TRADING INC (GU) - 2020 PPP Loan Borrower Profile (# 5611567000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ERC TRADING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Guam.

Loan Detail

Loan Number

5611567000

SBA Office Code

0951

Processing Method

PPP

Curent Loan Amount

$263,900

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$266,191.95

Date Loan was Forgiven

Feb 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

263,900

Lender

Bank of Guam

Business Detail

Business Type

Corporation

NAICS

444130

Borrower Location

BARRIGADA, GU

Project Location

BARRIGADA, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.