PPP Loan information for Laredo mexican restaurant, inc

$97,538

Laredo mexican restaurant, inc was initially approved for PPP Loan of amount $97,538, the current approved amount is $97,538. The loan was approved on 04/12/2020 by The Cadence Bank reported 42 jobs and $97,538 was used to fund payroll.

Laredo mexican restaurant, inc is New Business or 2 years or less

PPP Loan Search / AL / AUBURN / Laredo mexican restaurant, inc

LAREDO MEXICAN RESTAURANT, INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAREDO MEXICAN RESTAURANT, INC

Borrower Address

1832 OPELIKA ROAD

Borrower City

AUBURN

Borrower State

AL

Borrower Zip

36830-2829

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97537.50

Current Approval Amount

97537.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

AUBURN

Project County Name

LEE

Project State

AL

Project Zip

36830-2829

CD

AL-03

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97537.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98198.59

Forgiveness Date

12/28/2020

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