PPP Loan information for El sombrero mexican restaurant #5 inc

$136,199

El sombrero mexican restaurant #5 inc was initially approved for PPP Loan of amount $136,199, the current approved amount is $136,199. The loan was approved on 02/24/2021 by The Truist Bank reported 16 jobs and $136,199 was used to fund payroll.

El sombrero mexican restaurant #5 inc is Existing or more than 2 years old

EL SOMBRERO MEXICAN RESTAURANT #5 INC

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

EL SOMBRERO MEXICAN RESTAURANT #5 INC

Borrower Address

3640 Mundy Mill Rd

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30504-8218

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136199.00

Current Approval Amount

136199.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30504-8218

CD

GA-09

Jobs Reported

16

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

136197.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137916.62

Forgiveness Date

05/26/2022

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