PPP Loan information for Polo's mexican food co.

$192,086

Polo's mexican food co. was initially approved for PPP Loan of amount $192,086, the current approved amount is $192,086. The loan was approved on 04/29/2021 by The First Basin CU reported 32 jobs and $192,086 was used to fund payroll.

Polo's mexican food co. is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / Polo's mexican food co.

POLO'S MEXICAN FOOD CO.

Date Approved

04/29/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

POLO'S MEXICAN FOOD CO.

Borrower Address

7501 W University Blvd

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-8835

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192086.42

Current Approval Amount

192086.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106226

Servicing Lender Name

First Basin CU

Servicing Lender Address

2740 N County Rd W

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79764-1664

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-8835

CD

TX-11

Jobs Reported

32

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

192084.42

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

Subchapter S Corporation

Originating Lender Location Id

106226

Originating Lender

First Basin CU

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193654.69

Forgiveness Date

03/07/2022

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