PPP Loan information for Panela restaurant corporation

$19,743

Panela restaurant corporation was initially approved for PPP Loan of amount $19,743, the current approved amount is $19,743. The loan was approved on 01/23/2021 by The Bank of America, National Association reported 10 jobs and $19,743 was used to fund payroll.

Panela restaurant corporation is Existing or more than 2 years old

PANELA RESTAURANT CORPORATION

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PANELA RESTAURANT CORPORATION

Borrower Address

7 Hanover St

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01854-3835

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19743.00

Current Approval Amount

19743.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01854-3835

CD

MA-03

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19741.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19918.79

Forgiveness Date

12/16/2021

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