PPP Loan information for Palacio del rio inc

$2,000,000

Palacio del rio inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/15/2021 by The Broadway National Bank reported 292 jobs and $2,000,000 was used to fund payroll.

Palacio del rio inc is Existing or more than 2 years old

PPP Loan Search / TX / San Antonio / Palacio del rio inc

PALACIO DEL RIO INC

Date Approved

03/15/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

PALACIO DEL RIO INC

Borrower Address

2330 N Loop 1604 W

Borrower City

San Antonio

Borrower State

TX

Borrower Zip

78248-4512

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Hilton Hotels & Resorts

Servicing Lender Location Id

71727

Servicing Lender Name

Broadway National Bank

Servicing Lender Address

1177 NE Loop 410

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78209-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Antonio

Project County Name

BEXAR

Project State

TX

Project Zip

78248-4512

CD

TX-23

Jobs Reported

292

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

71727

Originating Lender

Broadway National Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2025611.11

Forgiveness Date

06/24/2022

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