PPP Loan information for Local favorite restaurants llc

$1,999,998

Local favorite restaurants llc was initially approved for PPP Loan of amount $1,999,998, the current approved amount is $1,999,998. The loan was approved on 02/10/2021 by The Citizens National Bank of Texas reported 300 jobs and $1,999,998 was used to fund payroll.

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

LOCAL FAVORITE RESTAURANTS LLC

Date Approved

02/10/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

LOCAL FAVORITE RESTAURANTS LLC

Borrower Address

1845 Woodall Rodgers Fwy Ste 1100

Borrower City

Dallas

Borrower State

TX

Borrower Zip

75201-2239

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1999998.00

Current Approval Amount

1999998.00

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

75201-2239

CD

TX-30

Jobs Reported

300

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999998.00

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

2022831.31

Forgiveness Date

03/29/2022

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