PPP Loan information for Lares restaurant inc

$298,952

Lares restaurant inc was initially approved for PPP Loan of amount $298,952, the current approved amount is $298,952. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 47 jobs and $298,952 was used to fund payroll.

Lares restaurant inc is Existing or more than 2 years old

PPP Loan Search / CA / SANTA MONICA / Lares restaurant inc

LARES RESTAURANT INC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LARES RESTAURANT INC

Borrower Address

2909 PICO BLVD

Borrower City

SANTA MONICA

Borrower State

CA

Borrower Zip

90405

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298952.00

Current Approval Amount

298952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA MONICA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90405-0001

CD

CA-36

Jobs Reported

47

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298952.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301127.71

Forgiveness Date

01/25/2021

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