South American Restaurants Corp.

$2,000,000 PPP Loan in Guaynabo, Puerto Rico

Loan Details

Loan Number
2534948702
Date Approved
Mar 29, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,028,333
Forgiveness Date
Aug 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
South American Restaurants Corp.
Address
35 Calle Diana Amelia Industrial Park
ZIP Code
00968-8006
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Church's Chicken
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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