PPP Loan information for Chapala restaurant inc.

$194,108

Chapala restaurant inc. was initially approved for PPP Loan of amount $194,108, the current approved amount is $194,108. The loan was approved on 02/24/2021 by The Sandy Spring Bank reported 19 jobs and $194,108 was used to fund payroll.

Chapala restaurant inc. is Existing or more than 2 years old

CHAPALA RESTAURANT INC.

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CHAPALA RESTAURANT INC.

Borrower Address

15530 Old Columbia Pike

Borrower City

Burtonsville

Borrower State

MD

Borrower Zip

20866-1672

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194108.00

Current Approval Amount

194108.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burtonsville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20866-1672

CD

MD-04

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194106.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196336.25

Forgiveness Date

04/21/2022

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