PPP Loan information for Chulo restaurant & bar

$34,565

Chulo restaurant & bar was initially approved for PPP Loan of amount $34,565, the current approved amount is $34,565. The loan was approved on 03/05/2021 by The Customers Bank reported 3 jobs and $34,565 was used to fund payroll.

Chulo restaurant & bar is Existing or more than 2 years old

CHULO RESTAURANT & BAR

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CHULO RESTAURANT & BAR

Borrower Address

1 Waverley Ave

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-3609

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34565.00

Current Approval Amount

34565.00

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

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-3609

CD

MA-05

Jobs Reported

3

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34563.00

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

34920.12

Forgiveness Date

03/21/2022

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