PPP Loan information for Restaurants operators, inc.

$3,284,900

Restaurants operators, inc. was initially approved for PPP Loan of amount $3,284,900, the current approved amount is $3,284,900. The loan was approved on 04/13/2020 by The Banco Popular de Puerto Rico reported 500 jobs and $3,284,900 was used to fund payroll.

Restaurants operators, inc. is Existing or more than 2 years old

PPP Loan Search / PR / SAN JUAN / Restaurants operators, inc.

RESTAURANTS OPERATORS, INC.

Date Approved

04/13/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

RESTAURANTS OPERATORS, INC.

Borrower Address

1155 Ponce De Leon Ave

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00907

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3284900.00

Current Approval Amount

3284900.00

Undisbursed Amount

0.00

Franchise Name

LongHorn Steakhouse

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00907-1000

CD

PR-

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2463675.00

Mortgage Interest Proceed

394836.00

Rent Proceed

426389.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3323223.83

Forgiveness Date

06/11/2021

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