PPP Loan information for Westaco, inc

$3,830,600

Westaco, inc was initially approved for PPP Loan of amount $3,830,600, the current approved amount is $3,830,600. The loan was approved on 04/08/2020 by The City National Bank reported 500 jobs and $3,830,600 was used to fund payroll.

Westaco, inc is Existing or more than 2 years old

PPP Loan Search / AZ / SCOTTSDALE / Westaco, inc

WESTACO, INC

Date Approved

04/08/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

WESTACO, INC

Borrower Address

7155 E THOMAS RD

Borrower City

SCOTTSDALE

Borrower State

AZ

Borrower Zip

85251-6300

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3830600.00

Current Approval Amount

3830600.00

Undisbursed Amount

0.00

Franchise Name

Taco Bell

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSDALE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85251-6300

CD

AZ-01

Jobs Reported

500

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3064480.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

766120.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3874258.35

Forgiveness Date

06/11/2021

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