South American Restaurants Corp.
$10,000,000 PPP Loan in Guaynabo, Puerto Rico
Loan Details
- Loan Number
- 3828657103
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,117,500
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- South American Restaurants Corp.
- Address
- 35 Diana St, Amelia Industrial Park
- City
- Guaynabo
- State
- Puerto Rico
- ZIP Code
- 00969
- 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
- $7,500,000
- Rent
- $1,017,000
- Utilities
- $1,336,250
- Mortgage Interest
- $146,750
Lender Information
- Servicing Lender
- Banco Popular De Puerto Rico
- Originating Lender
- Banco Popular De Puerto Rico
Other PPP Loans in Guaynabo, PR
| Business | Approved | |
|---|---|---|
| Caribbean Restaurants LLC | $10,000,000 |  Research |
| Universal Insurance Company | $8,563,765 | Research |
| Gfr Media | $6,394,500 | Research |
| Mendez & Co., Inc. | $4,640,407 | Research |
| Eastern America Insurance Agency, Inc. | $2,538,803 | Research |
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