ALI RACHID (VI) - 2020 PPP Loan Borrower Profile (# 9903637803)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALI RACHID. 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 US Virgin Islands.

Loan Detail

Loan Number

9903637803

SBA Office Code

0252

Processing Method

PPP

Curent Loan Amount

$10,850

Date Loan was Approved

Jun 9, 2020

Amount Forgiven

$10,937.7

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

10,850

Lender

FirstBank Puerto Rico

Business Detail

Business Type

Sole Proprietorship

NAICS

485310

Borrower Location

CHARLOTTE AMALIE, VI

Project Location

CHARLOTTE AMALIE, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.