PPP Loan information for Burro loco corporation

$119,536

Burro loco corporation was initially approved for PPP Loan of amount $119,536, the current approved amount is $119,536. The loan was approved on 03/25/2021 by The First Merchants Bank reported 18 jobs and $119,536 was used to fund payroll.

Burro loco corporation is Existing or more than 2 years old

PPP Loan Search / IN / Anderson / Burro loco corporation

BURRO LOCO CORPORATION

Date Approved

03/25/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BURRO LOCO CORPORATION

Borrower Address

21 W 8th St

Borrower City

Anderson

Borrower State

IN

Borrower Zip

46016-1405

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119535.59

Current Approval Amount

119535.59

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

MADISON

Project State

IN

Project Zip

46016-1405

CD

IN-05

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119533.59

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121392.49

Forgiveness Date

10/20/2022

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