PPP Loan information for Palenque mexican grill inc

$146,300

Palenque mexican grill inc was initially approved for PPP Loan of amount $146,300, the current approved amount is $146,300. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 32 jobs and $146,300 was used to fund payroll.

Palenque mexican grill inc is Existing or more than 2 years old

PALENQUE MEXICAN GRILL INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PALENQUE MEXICAN GRILL INC

Borrower Address

621 North Main Street

Borrower City

Kernersville

Borrower State

NC

Borrower Zip

27284-2662

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146300.00

Current Approval Amount

146300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kernersville

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-2662

CD

NC-06

Jobs Reported

32

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

146300.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148087.67

Forgiveness Date

07/27/2021

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