PPP Loan information for Panchero's franchise corporation

$384,000

Panchero's franchise corporation was initially approved for PPP Loan of amount $384,000, the current approved amount is $384,000. The loan was approved on 04/04/2020 by The Hills Bank and Trust Company reported 23 jobs and $384,000 was used to fund payroll.

Panchero's franchise corporation is Existing or more than 2 years old

PANCHERO'S FRANCHISE CORPORATION

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PANCHERO'S FRANCHISE CORPORATION

Borrower Address

2475 CORAL CT Suite B

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2830

Loan Status Date

03/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384000.00

Current Approval Amount

384000.00

Undisbursed Amount

0.00

Franchise Name

Panchero's

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2830

CD

IA-01

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

384000.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387296.00

Forgiveness Date

02/19/2021

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