PPP Loan information for Local favorite restaurants, llc

$9,831,000

Local favorite restaurants, llc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $9,831,000. The loan was approved on 04/04/2020 by The Citizens National Bank of Texas reported 500 jobs and $9,831,000 was used to fund payroll.

Local favorite restaurants, llc is Existing or more than 2 years old

PPP Loan Search / TX / DALLAS / Local favorite restaurants, llc

LOCAL FAVORITE RESTAURANTS, LLC

Date Approved

04/04/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

LOCAL FAVORITE RESTAURANTS, LLC

Borrower Address

1845 WOODALL RODGERS FWY Ste 1100

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75201-2203

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

9831000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72088

Servicing Lender Name

Citizens National Bank of Texas

Servicing Lender Address

200 N Elm St

Servicing Lender City

Waxahachie

Servicing Lender State

TX

Servicing Lender Zip

75165-3614

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75201-2203

CD

TX-30

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9831000.00

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

72088

Originating Lender

Citizens National Bank of Texas

Originating Lender City

Waxahachie

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

9967541.67

Forgiveness Date

08/30/2021

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