PPP Loan information for El palenque mexican restaurant and cantina, inc.

$793,081

El palenque mexican restaurant and cantina, inc. was initially approved for PPP Loan of amount $793,081, the current approved amount is $793,081. The loan was approved on 05/11/2021 by The Zions Bank, A Division of reported 140 jobs and $793,081 was used to fund payroll.

El palenque mexican restaurant and cantina, inc. is Existing or more than 2 years old

EL PALENQUE MEXICAN RESTAURANT AND CANTINA, INC.

Date Approved

05/11/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

EL PALENQUE MEXICAN RESTAURANT AND CANTINA, INC.

Borrower Address

1485 Spring Cypress Rd

Borrower City

Spring

Borrower State

TX

Borrower Zip

77373-2544

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

793081.00

Current Approval Amount

793081.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spring

Project County Name

HARRIS

Project State

TX

Project Zip

77373-2544

CD

TX-02

Jobs Reported

140

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

793076.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

798947.63

Forgiveness Date

02/08/2022

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