PPP Loan information for South american restaurants corp.

$10,000,000

South american restaurants corp. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/12/2020 by The Banco Popular de Puerto Rico reported 500 jobs and $10,000,000 was used to fund payroll.

South american restaurants corp. is Existing or more than 2 years old

PPP Loan Search / PR / GUAYNABO / South american restaurants corp.

SOUTH AMERICAN RESTAURANTS CORP.

Date Approved

04/12/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

SOUTH AMERICAN RESTAURANTS CORP.

Borrower Address

35 Diana St, Amelia Industrial Park

Borrower City

GUAYNABO

Borrower State

PR

Borrower Zip

00969

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Church's Chicken

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

GUAYNABO

Project County Name

GUAYNABO

Project State

PR

Project Zip

00969-1000

CD

PR-

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1336250.00

Payroll Proceed

7500000.00

Mortgage Interest Proceed

146750.00

Rent Proceed

1017000.00

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

10117500.00

Forgiveness Date

06/11/2021

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