PPP Loan information for Pacos mexican restaurant

$50,000

Pacos mexican restaurant was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $50,000 was used to fund payroll.

Pacos mexican restaurant is New Business or 2 years or less

PPP Loan Search / GA / MABLETON / Pacos mexican restaurant

PACOS MEXICAN RESTAURANT

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PACOS MEXICAN RESTAURANT

Borrower Address

5015 FLOYD RD

Borrower City

MABLETON

Borrower State

GA

Borrower Zip

30126

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

31

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MABLETON

Project County Name

COBB

Project State

GA

Project Zip

30126-0001

CD

GA-13

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37412.31

Forgiveness Date

06/24/2021

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