1551 WALNUT, LLC DBA LAS FONTANAS MEXICAN KITCHEN (TX) - 2020 PPP Loan Borrower Profile (# 2221257710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1551 WALNUT, LLC DBA LAS FONTANAS MEXICAN KITCHEN. 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 Texas.

Loan Detail

Loan Number

2221257710

SBA Office Code

0681

Processing Method

PPP

Curent Loan Amount

$227,315

Date Loan was Approved

May 1, 2020

Amount Forgiven

$229,375.61

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,000

Payroll Proced

160,000

Rent Proceed

28,000

Refinance EIDL Proceed

24,515

Health Care Proceed

2,800

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

NEW BRAUNFELS, TX

Project Location

NEW BRAUNFELS, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

450

Business Age Description

Existing or more than 2 years old

Data Source: SBA.