ACAPULCO RESTAURANT GROUP (NC) - 2020 PPP Loan Borrower Profile (# 1269187402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACAPULCO RESTAURANT GROUP. 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 North Carolina.

Loan Detail

Loan Number

1269187402

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$206,975

Date Loan was Approved

May 4, 2020

Amount Forgiven

$208,897.32

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

206,975

Lender

Northeast Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Burlington, NC

Project Location

Burlington, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.