PPP Loan information for Palo verde, inc.

$868,100

Palo verde, inc. was initially approved for PPP Loan of amount $861,600, the current approved amount is $868,100. The loan was approved on 04/09/2020 by The Solera National Bank reported 330 jobs and $868,100 was used to fund payroll.

Palo verde, inc. is Existing or more than 2 years old

PPP Loan Search / CO / DENVER / Palo verde, inc.

PALO VERDE, INC.

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PALO VERDE, INC.

Borrower Address

924 W COLFAX AVE Suite 203

Borrower City

DENVER

Borrower State

CO

Borrower Zip

80204-2042

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

861600.00

Current Approval Amount

868100.00

Undisbursed Amount

0.00

Franchise Name

Taco Bell

Servicing Lender Location Id

450238

Servicing Lender Name

Solera National Bank

Servicing Lender Address

319 S Sheridan Blvd

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80226-3632

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

DENVER

Project State

CO

Project Zip

80204-2042

CD

CO-01

Jobs Reported

330

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17362.00

Payroll Proceed

737885.00

Mortgage Interest Proceed

0.00

Rent Proceed

112853.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

450238

Originating Lender

Solera National Bank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

876519.38

Forgiveness Date

03/31/2021

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