PPP Loan information for La fuente mexican restaurant fayetteville, inc

$100,838

La fuente mexican restaurant fayetteville, inc was initially approved for PPP Loan of amount $100,838, the current approved amount is $100,838. The loan was approved on 04/12/2020 by The Cadence Bank reported 20 jobs and $100,838 was used to fund payroll.

La fuente mexican restaurant fayetteville, inc is New Business or 2 years or less

LA FUENTE MEXICAN RESTAURANT FAYETTEVILLE, INC

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LA FUENTE MEXICAN RESTAURANT FAYETTEVILLE, INC

Borrower Address

1225 HUNTSVILLE HWY

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-3617

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100837.50

Current Approval Amount

100837.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-3617

CD

TN-04

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100837.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101523.76

Forgiveness Date

12/28/2020

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