PPP Loan information for Caprock restaurants inc.

$923,237

Caprock restaurants inc. was initially approved for PPP Loan of amount $923,237, the current approved amount is $923,237. The loan was approved on 01/28/2021 by The City Bank reported 131 jobs and $923,237 was used to fund payroll.

Caprock restaurants inc. is Existing or more than 2 years old

CAPROCK RESTAURANTS INC.

Date Approved

01/28/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

CAPROCK RESTAURANTS INC.

Borrower Address

2412 Avenue Q

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79411-2228

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

923237.00

Current Approval Amount

923237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lubbock

Project County Name

LUBBOCK

Project State

TX

Project Zip

79411-2228

CD

TX-19

Jobs Reported

131

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

923234.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

928007.06

Forgiveness Date

08/04/2021

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