International Restaurant Services, Inc.

$8,992,000 PPP Loan in Catano, Puerto Rico

Loan Details

Loan Number
9187527106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$8,992,000
Current Approval
$8,992,000
Forgiveness Amount
$9,095,658
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
International Restaurant Services, Inc.
Address
Barrio Palmas Royal Industrial Edificio K Carretera 869 Km 1
City
Catano
ZIP Code
00962
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Chili's Grill & Bar
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
$6,744,655
Rent
$1,409,611
Utilities
$693,482
Debt Interest
$144,252

Lender Information

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

Other PPP Loans in Catano, PR

BusinessApproved
Ballester Hermanos Inc.$4,584,800NewBizBotResearch
Antilles Cleaning Services, INC$2,571,600NewBizBotResearch
Motorambar, INC$2,005,400NewBizBotResearch
Caribbean Restaurants LLC$2,000,000NewBizBotResearch
International Restaurant Services$2,000,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free