INITRAM LLC (VI) - 2020 PPP Loan Borrower Profile (# 5756187408)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to INITRAM LLC. 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
5756187408
SBA Office Code
0252
Processing Method
PPP
Curent Loan Amount
$109,000
Date Loan was Approved
May 13, 2020
Amount Forgiven
$110,398.83
Date Loan was Forgiven
Aug 24, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
109,000
Lender
Banco Popular de Puerto Rico
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
722511
Borrower Location
Charlotte Amalie, VI
Project Location
Charlotte Amalie, VI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.