PPP Loan information for Encanto restaurants inc

$2,000,000

Encanto restaurants inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/18/2021 by The Banco Popular de Puerto Rico reported 500 jobs and $2,000,000 was used to fund payroll.

Encanto restaurants inc is Existing or more than 2 years old

PPP Loan Search / PR / San Juan / Encanto restaurants inc

ENCANTO RESTAURANTS INC

Date Approved

03/18/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

ENCANTO RESTAURANTS INC

Borrower Address

9615 Ave Los Romeros Ste 200

Borrower City

San Juan

Borrower State

PR

Borrower Zip

00926-7037

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Pizza Hut

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Juan

Project County Name

SAN JUAN

Project State

PR

Project Zip

00926-7037

CD

PR-

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2027444.44

Forgiveness Date

07/27/2022

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