PPP Loan information for Caprock restaurants, inc.

$662,400

Caprock restaurants, inc. was initially approved for PPP Loan of amount $662,400, the current approved amount is $662,400. The loan was approved on 04/05/2020 by The City Bank reported 131 jobs and $662,400 was used to fund payroll.

Caprock restaurants, inc. is Existing or more than 2 years old

CAPROCK RESTAURANTS, INC.

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

CAPROCK RESTAURANTS, INC.

Borrower Address

2412 AVENUE Q

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79411-2228

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

662400.00

Current Approval Amount

662400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79411-2228

CD

TX-19

Jobs Reported

131

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

66240.00

Payroll Proceed

529920.00

Mortgage Interest Proceed

66240.00

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

666208.80

Forgiveness Date

11/05/2020

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