PPP Loan information for Torres family restaurant inc

$248,423

Torres family restaurant inc was initially approved for PPP Loan of amount $248,423, the current approved amount is $248,423. The loan was approved on 02/04/2021 by The Independent Bank reported 18 jobs and $248,423 was used to fund payroll.

Torres family restaurant inc is Existing or more than 2 years old

TORRES FAMILY RESTAURANT INC

Date Approved

02/04/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

TORRES FAMILY RESTAURANT INC

Borrower Address

19553 E Mainstreet

Borrower City

Parker

Borrower State

CO

Borrower Zip

80138-7374

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

248423.00

Current Approval Amount

248423.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parker

Project County Name

DOUGLAS

Project State

CO

Project Zip

80138-7374

CD

CO-04

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

248421.00

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

Subchapter S Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250092.95

Forgiveness Date

10/25/2021

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