STRAKER MOTORS, LLC (VI) - 2020 PPP Loan Borrower Profile (# 7990737110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to STRAKER MOTORS, 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
7990737110
SBA Office Code
0252
Processing Method
PPP
Curent Loan Amount
$53,231.71
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$53,617.64
Date Loan was Forgiven
Jan 11, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,291.28
Payroll Proced
44,940.43
Rent Proceed
6,000
Lender
FirstBank Puerto Rico

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
441120
Borrower Location
KINGSHILL, VI
Project Location
KINGSHILL, VI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Unanswered
Data Source: SBA.