MICRONESIA RENEWABLE ENERGY INC - CNMI (MP) - 2020 PPP Loan Borrower Profile (# 8138047310)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to MICRONESIA RENEWABLE ENERGY INC - CNMI. 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 Northern Mariana Islands.
Loan Detail
Loan Number
8138047310
SBA Office Code
0951
Processing Method
PPP
Curent Loan Amount
$110,982.4
Date Loan was Approved
May 1, 2020
Amount Forgiven
$111,961.48
Date Loan was Forgiven
Apr 2, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
110,982.4
Lender
Bank of Guam
Business Detail
Business Type
Corporation
NAICS
541690
Borrower Location
Gualo Rai, MP
Project Location
Gualo Rai, MP
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
28
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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