ERS, INC. (VI) - 2020 PPP Loan Borrower Profile (# 1414247208)

Updated on April 18, 2025.

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

Loan Detail

Loan Number

1414247208

SBA Office Code

0252

Processing Method

PPP

Curent Loan Amount

$129,455.55

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$131,062.96

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,363.88

Payroll Proced

97,091.67

Rent Proceed

20,000

Health Care Proceed

6,000

Lender

FirstBank Puerto Rico

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

ST THOMAS, VI

Project Location

ST THOMAS, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.