PPP Loan information for Margaritas mexican grill # 2

$177,082

Margaritas mexican grill # 2 was initially approved for PPP Loan of amount $1,525,000, the current approved amount is $177,082. The loan was approved on 04/11/2020 by The Capital City Bank reported 12 jobs and $177,082 was used to fund payroll.

Margaritas mexican grill # 2 is Existing or more than 2 years old

MARGARITAS MEXICAN GRILL # 2

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MARGARITAS MEXICAN GRILL # 2

Borrower Address

5451 Bowman Rd

Borrower City

Macon

Borrower State

GA

Borrower Zip

31210-5783

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1525000.00

Current Approval Amount

177082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17652

Servicing Lender Name

Capital City Bank

Servicing Lender Address

217 N Monroe St

Servicing Lender City

TALLAHASSEE

Servicing Lender State

FL

Servicing Lender Zip

32301-7619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macon

Project County Name

BIBB

Project State

GA

Project Zip

31210-5783

CD

GA-08

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177082.00

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

17652

Originating Lender

Capital City Bank

Originating Lender City

TALLAHASSEE

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178896.48

Forgiveness Date

05/10/2021

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