PPP Loan information for El loro mexican restaurant iii inc.

$77,500

El loro mexican restaurant iii inc. was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 02/03/2021 by The Falcon National Bank reported 7 jobs and $77,500 was used to fund payroll.

El loro mexican restaurant iii inc. is Existing or more than 2 years old

EL LORO MEXICAN RESTAURANT III INC.

Date Approved

02/03/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

EL LORO MEXICAN RESTAURANT III INC.

Borrower Address

1205 N 25th St

Borrower City

Clear Lake

Borrower State

IA

Borrower Zip

50428-2001

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clear Lake

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-2001

CD

IA-02

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

77498.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77969.25

Forgiveness Date

09/15/2021

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