PPP Loan information for El palacio mexican restaurant

$28,000

El palacio mexican restaurant was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 04/04/2020 by The Union Bank & Trust Company reported 8 jobs and $28,000 was used to fund payroll.

El palacio mexican restaurant is Existing or more than 2 years old

PPP Loan Search / AR / MONTICELLO / El palacio mexican restaurant

EL PALACIO MEXICAN RESTAURANT

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

EL PALACIO MEXICAN RESTAURANT

Borrower Address

136 DAY DR

Borrower City

MONTICELLO

Borrower State

AR

Borrower Zip

71655-7800

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4581

Servicing Lender Name

Union Bank & Trust Company

Servicing Lender Address

102 W McCloy St

Servicing Lender City

MONTICELLO

Servicing Lender State

AR

Servicing Lender Zip

71655-4319

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

DREW

Project State

AR

Project Zip

71655-7800

CD

AR-04

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28000.00

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

4581

Originating Lender

Union Bank & Trust Company

Originating Lender City

MONTICELLO

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28239.56

Forgiveness Date

02/16/2021

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