PPP Loan information for El rancho restaurant of portales llc

$152,163

El rancho restaurant of portales llc was initially approved for PPP Loan of amount $152,163, the current approved amount is $152,163. The loan was approved on 02/05/2021 by The The Bank of Clovis reported 11 jobs and $152,163 was used to fund payroll.

El rancho restaurant of portales llc is Existing or more than 2 years old

EL RANCHO RESTAURANT OF PORTALES LLC

Date Approved

02/05/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

EL RANCHO RESTAURANT OF PORTALES LLC

Borrower Address

101 S Chicago Ave

Borrower City

Portales

Borrower State

NM

Borrower Zip

88130-6043

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152162.50

Current Approval Amount

152162.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203012

Servicing Lender Name

The Bank of Clovis

Servicing Lender Address

300 N Main St

Servicing Lender City

CLOVIS

Servicing Lender State

NM

Servicing Lender Zip

88101-7555

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portales

Project County Name

ROOSEVELT

Project State

NM

Project Zip

88130-6043

CD

NM-03

Jobs Reported

11

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

152158.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

203012

Originating Lender

The Bank of Clovis

Originating Lender City

CLOVIS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152879.54

Forgiveness Date

08/03/2021

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