PPP Loan information for El encanto inc

$2,439,977

El encanto inc was initially approved for PPP Loan of amount $2,439,977, the current approved amount is $2,439,977. The loan was approved on 04/27/2020 by The Main Bank reported 275 jobs and $2,439,977 was used to fund payroll.

El encanto inc is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / El encanto inc

EL ENCANTO INC

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

EL ENCANTO INC

Borrower Address

2001 4TH ST SW

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87102-4520

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2439977.00

Current Approval Amount

2439977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45715

Servicing Lender Name

Main Bank

Servicing Lender Address

7300 Menaul Blvd NE

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87110-3730

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87102-4520

CD

NM-02

Jobs Reported

275

NAICS Code

311412

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2439977.00

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

45715

Originating Lender

Main Bank

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2458480.16

Forgiveness Date

02/02/2021

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