PPP Loan information for El rancho restaurant of portales llc

$92,417

El rancho restaurant of portales llc was initially approved for PPP Loan of amount $92,417, the current approved amount is $92,417. The loan was approved on 04/09/2020 by The The Bank of Clovis reported 12 jobs and $92,417 was used to fund payroll.

El rancho restaurant of portales llc is Existing or more than 2 years old

PPP Loan Search / NM / PORTALES / El rancho restaurant of portales llc

EL RANCHO RESTAURANT OF PORTALES LLC

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

EL RANCHO RESTAURANT OF PORTALES LLC

Borrower Address

101 S. CHICAGO AVE

Borrower City

PORTALES

Borrower State

NM

Borrower Zip

88130-6043

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92416.75

Current Approval Amount

92416.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203012

Servicing Lender Name

The Bank of Clovis

Servicing Lender Address

300 N Main St

Servicing Lender City

CLOVIS

Servicing Lender State

NM

Servicing Lender Zip

88101-7555

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTALES

Project County Name

ROOSEVELT

Project State

NM

Project Zip

88130-6043

CD

NM-03

Jobs Reported

12

NAICS Code

722211

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

9241.68

Payroll Proceed

73933.40

Mortgage Interest Proceed

9241.67

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

203012

Originating Lender

The Bank of Clovis

Originating Lender City

CLOVIS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92983.91

Forgiveness Date

12/09/2020

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