DEMERARA IMPORTS (VI) - 2020 PPP Loan Borrower Profile (# 5406517400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DEMERARA IMPORTS. 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

5406517400

SBA Office Code

0252

Processing Method

PPP

Curent Loan Amount

$16,500

Date Loan was Approved

May 12, 2020

Amount Forgiven

$16,646.21

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

16,500

Lender

Banco Popular de Puerto Rico

Business Detail

Business Type

Partnership

NAICS

424410

Borrower Location

Christiansted, VI

Project Location

Christiansted, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.