PPP Loan information for Margaritas mexican bar & grill, inc.

$51,880

Margaritas mexican bar & grill, inc. was initially approved for PPP Loan of amount $51,880, the current approved amount is $51,880. The loan was approved on 05/01/2020 by The Cross River Bank reported 15 jobs and $51,880 was used to fund payroll.

Margaritas mexican bar & grill, inc. is Existing or more than 2 years old

PPP Loan Search / TN / COVINGTON / Margaritas mexican bar & grill, inc.

MARGARITAS MEXICAN BAR & GRILL, INC.

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MARGARITAS MEXICAN BAR & GRILL, INC.

Borrower Address

1625 OLD MEMPHIS RD

Borrower City

COVINGTON

Borrower State

TN

Borrower Zip

38019-7537

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51880.00

Current Approval Amount

51880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

TIPTON

Project State

TN

Project Zip

38019-7537

CD

TN-08

Jobs Reported

15

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51880.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52455.65

Forgiveness Date

06/16/2021

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