PPP Loan information for Tacuba, inc. dba lalo's restaurant

$259,572

Tacuba, inc. dba lalo's restaurant was initially approved for PPP Loan of amount $259,572, the current approved amount is $259,572. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 450 jobs and $259,572 was used to fund payroll.

Tacuba, inc. dba lalo's restaurant is Existing or more than 2 years old

TACUBA, INC. DBA LALO'S RESTAURANT

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TACUBA, INC. DBA LALO'S RESTAURANT

Borrower Address

425 S ROSELLE RD

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259572.00

Current Approval Amount

259572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-1000

CD

IL-08

Jobs Reported

450

NAICS Code

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

16893.00

Payroll Proceed

194679.00

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262370.19

Forgiveness Date

06/02/2021

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