PPP Loan information for Palenque management, llc

$620,600

Palenque management, llc was initially approved for PPP Loan of amount $620,600, the current approved amount is $620,600. The loan was approved on 04/10/2020 by The Vantage Bank Texas reported 83 jobs and $620,600 was used to fund payroll.

Palenque management, llc is Existing or more than 2 years old

PALENQUE MANAGEMENT, LLC

Date Approved

04/10/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

PALENQUE MANAGEMENT, LLC

Borrower Address

6999 McPherson Rd. Ste. 328

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041-6408

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620600.00

Current Approval Amount

620600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71664

Servicing Lender Name

Vantage Bank Texas

Servicing Lender Address

45 NE Loop 410, Ste 190

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78216-5870

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-6408

CD

TX-28

Jobs Reported

83

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

620600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

71664

Originating Lender

Vantage Bank Texas

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

626942.02

Forgiveness Date

04/29/2021

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