PPP Loan information for Latin king restaurant

$333,300

Latin king restaurant was initially approved for PPP Loan of amount $333,300, the current approved amount is $333,300. The loan was approved on 04/04/2020 by The Iowa State Bank reported 62 jobs and $333,300 was used to fund payroll.

Latin king restaurant is Existing or more than 2 years old

LATIN KING RESTAURANT

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LATIN KING RESTAURANT

Borrower Address

2200 HUBBELL AVE

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50317-2522

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333300.00

Current Approval Amount

333300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24904

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

627 E Locust St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-1913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50317-2522

CD

IA-03

Jobs Reported

62

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

333300.00

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

Corporation

Originating Lender Location Id

24904

Originating Lender

Iowa State Bank

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335171.96

Forgiveness Date

11/05/2020

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