ALVARO GARCIA (MA) - 2020 PPP Loan Borrower Profile (# 2549719005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALVARO GARCIA. 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 Massachusetts.

Loan Detail

Loan Number

2549719005

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$1,010

Date Loan was Approved

May 17, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,007

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Independent Contractors

NAICS

492210

Borrower Location

Lynn, MA

Project Location

Lynn, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.