PPP Loan information for Chulo restaurant & bar

$31,064

Chulo restaurant & bar was initially approved for PPP Loan of amount $31,064, the current approved amount is $31,064. The loan was approved on 05/01/2020 by The Customers Bank reported 3 jobs and $31,064 was used to fund payroll.

Chulo restaurant & bar is New Business or 2 years or less

PPP Loan Search / MA / Watertown / Chulo restaurant & bar

CHULO RESTAURANT & BAR

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CHULO RESTAURANT & BAR

Borrower Address

1 Waverley Avenue

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31064.00

Current Approval Amount

31064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-1001

CD

MA-05

Jobs Reported

3

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31064.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31551.66

Forgiveness Date

12/07/2021

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