PPP Loan information for La paz mexican restaurant, inc.

$202,040

La paz mexican restaurant, inc. was initially approved for PPP Loan of amount $202,040, the current approved amount is $202,040. The loan was approved on 04/27/2020 by The Middletown Valley Bank reported 57 jobs and $202,040 was used to fund payroll.

La paz mexican restaurant, inc. is Existing or more than 2 years old

LA PAZ MEXICAN RESTAURANT, INC.

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LA PAZ MEXICAN RESTAURANT, INC.

Borrower Address

51 S. MARKET ST

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21701-5524

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202040.00

Current Approval Amount

202040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-5524

CD

MD-06

Jobs Reported

57

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202040.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203880.81

Forgiveness Date

03/30/2021

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