PPP Loan information for Palio restaurant llc

$450,000

Palio restaurant llc was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/13/2020 by The Main Bank reported 63 jobs and $450,000 was used to fund payroll.

Palio restaurant llc is New Business or 2 years or less

PALIO RESTAURANT LLC

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PALIO RESTAURANT LLC

Borrower Address

4939 Pan American Freeway NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87109-2330

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45715

Servicing Lender Name

Main Bank

Servicing Lender Address

7300 Menaul Blvd NE

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87110-3730

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87109-2330

CD

NM-01

Jobs Reported

63

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

45715

Originating Lender

Main Bank

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

454587.50

Forgiveness Date

04/23/2021

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