PPP Loan information for Peoples restaurant & lounge inc.

$222,254

Peoples restaurant & lounge inc. was initially approved for PPP Loan of amount $222,254, the current approved amount is $222,254. The loan was approved on 02/26/2021 by The Kleberg Bank, National Association reported 26 jobs and $222,254 was used to fund payroll.

Peoples restaurant & lounge inc. is Existing or more than 2 years old

PEOPLES RESTAURANT & LOUNGE INC.

Date Approved

02/26/2021

SBA Office Code

0639

Processing Method

PPS

Borrower Name

PEOPLES RESTAURANT & LOUNGE INC.

Borrower Address

9738 Up River Rd

Borrower City

Corpus Christi

Borrower State

TX

Borrower Zip

78410-1405

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222253.50

Current Approval Amount

222253.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70615

Servicing Lender Name

Kleberg Bank, National Association

Servicing Lender Address

100 E Kleberg Ave

Servicing Lender City

KINGSVILLE

Servicing Lender State

TX

Servicing Lender Zip

78363-4571

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corpus Christi

Project County Name

NUECES

Project State

TX

Project Zip

78410-1405

CD

TX-27

Jobs Reported

26

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

222249.50

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

Corporation

Originating Lender Location Id

70615

Originating Lender

Kleberg Bank, National Association

Originating Lender City

KINGSVILLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

224725.69

Forgiveness Date

04/14/2022

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