Encanto Restaurants INC

$9,727,100 PPP Loan in San Juan, Puerto Rico

Loan Details

Loan Number
8283167002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$9,727,100
Current Approval
$9,727,100
Forgiveness Amount
$9,841,123
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Encanto Restaurants INC
Address
9615 Ave Los Romeros 200 Montehiedra Office Centre
ZIP Code
00926-7037
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Pizza Hut
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
$7,295,496
Rent
$1,360,000
Utilities
$1,071,604

Lender Information

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

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