M A Caribbean Corp
M A Caribbean Corp is located in Caguas, PR, and the SBA lists its industry as Automobile and Other Motor Vehicle Merchant Wholesalers. It was approved for an SBA 504 loan ($1,869,000 SBA portion) on March 28, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | $1,869,000 | $2,283,130 | $4,613,478 (estimated) | Banco Popular de Puerto Rico | Marketing Small Business Finance Corporation | 25 years | 22 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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