PPP Loan information for Los arcos newport llc

$738,840

Los arcos newport llc was initially approved for PPP Loan of amount $738,840, the current approved amount is $738,840. The loan was approved on 02/08/2021 by The Farmers & Merchants Bank of Long Beach reported 80 jobs and $738,840 was used to fund payroll.

Los arcos newport llc is Existing or more than 2 years old

LOS ARCOS NEWPORT LLC

Date Approved

02/08/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

LOS ARCOS NEWPORT LLC

Borrower Address

3400 W Coast Hwy

Borrower City

Newport Beach

Borrower State

CA

Borrower Zip

92663-4008

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

738839.50

Current Approval Amount

738839.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92663-4008

CD

CA-47

Jobs Reported

80

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

738835.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744729.97

Forgiveness Date

12/01/2021

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