PPP Loan information for Palm beach restaurants

$262,500

Palm beach restaurants was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 01/27/2021 by The Mechanics Bank reported 49 jobs and $262,500 was used to fund payroll.

Palm beach restaurants is Existing or more than 2 years old

PALM BEACH RESTAURANTS

Date Approved

01/27/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

PALM BEACH RESTAURANTS

Borrower Address

216 W Cabrillo Blvd

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93101-3506

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Santa Barbara

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93101-3506

CD

CA-24

Jobs Reported

49

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262495.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

264519.79

Forgiveness Date

11/03/2021

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