PPP Loan information for Las palmas mexican restaurant inc

$157,300

Las palmas mexican restaurant inc was initially approved for PPP Loan of amount $157,300, the current approved amount is $157,300. The loan was approved on 04/27/2020 by The Bank Midwest reported 24 jobs and $157,300 was used to fund payroll.

Las palmas mexican restaurant inc is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / Las palmas mexican restaurant inc

LAS PALMAS MEXICAN RESTAURANT INC

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAS PALMAS MEXICAN RESTAURANT INC

Borrower Address

3115 4TH ST SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-1581

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157300.00

Current Approval Amount

157300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-1581

CD

IA-02

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157300.00

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

Subchapter S Corporation

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158431.69

Forgiveness Date

01/20/2021

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