PPP Loan information for Acapulco restaurant group

$206,975

Acapulco restaurant group was initially approved for PPP Loan of amount $223,623, the current approved amount is $206,975. The loan was approved on 05/04/2020 by The Loan Source Incorporated reported 12 jobs and $206,975 was used to fund payroll.

Acapulco restaurant group is Existing or more than 2 years old

ACAPULCO RESTAURANT GROUP

Date Approved

05/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACAPULCO RESTAURANT GROUP

Borrower Address

1824 S Church St

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215-5554

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223622.50

Current Approval Amount

206975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-5554

CD

NC-04

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206975.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

208897.32

Forgiveness Date

04/15/2021

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