PPP Loan information for Verdugo restaurant corporation

$1,233,500

Verdugo restaurant corporation was initially approved for PPP Loan of amount $1,233,500, the current approved amount is $1,233,500. The loan was approved on 04/28/2020 by The United Business Bank reported 183 jobs and $1,233,500 was used to fund payroll.

Verdugo restaurant corporation is Existing or more than 2 years old

PPP Loan Search / CA / BURBANK / Verdugo restaurant corporation

VERDUGO RESTAURANT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

VERDUGO RESTAURANT CORPORATION

Borrower Address

1250 E HARVARD RD

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91501-1002

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1233500.00

Current Approval Amount

1233500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378915

Servicing Lender Name

United Business Bank

Servicing Lender Address

500 Ygnacio Valley Rd, Ste 200

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3845

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91501-1002

CD

CA-30

Jobs Reported

183

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1233500.00

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

378915

Originating Lender

United Business Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1255398.85

Forgiveness Date

02/16/2022

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