PPP Loan information for Margaritas, llc

$63,000

Margaritas, llc was initially approved for PPP Loan of amount $63,000, the current approved amount is $63,000. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 14 jobs and $63,000 was used to fund payroll.

Margaritas, llc is Existing or more than 2 years old

MARGARITAS, LLC

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MARGARITAS, LLC

Borrower Address

1315 4th Ave

Borrower City

HUNTINGTON

Borrower State

WV

Borrower Zip

25701-2450

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63000.00

Current Approval Amount

63000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON

Project County Name

CABELL

Project State

WV

Project Zip

25701-2450

CD

WV-01

Jobs Reported

14

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63829.50

Forgiveness Date

08/05/2021

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