ADOLFO'S RESTAURANT INC. (LA) - 2020 PPP Loan Borrower Profile (# 7406048603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADOLFO'S RESTAURANT INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Louisiana.

Loan Detail

Loan Number

7406048603

SBA Office Code

0679

Processing Method

PPS

Curent Loan Amount

$112,924

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$113,560.77

Date Loan was Forgiven

Oct 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

112,921

Lender

Gulf Coast Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

New Orleans, LA

Project Location

New Orleans, LA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.