PPP Loan information for Margaritas mexican restaurant inc

$37,900

Margaritas mexican restaurant inc was initially approved for PPP Loan of amount $37,900, the current approved amount is $37,900. The loan was approved on 04/15/2020 by The Bank of Springfield reported 9 jobs and $37,900 was used to fund payroll.

Margaritas mexican restaurant inc is Existing or more than 2 years old

PPP Loan Search / IL / BELLEVILLE / Margaritas mexican restaurant inc

MARGARITAS MEXICAN RESTAURANT INC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARGARITAS MEXICAN RESTAURANT INC

Borrower Address

108 EAST A ST

Borrower City

BELLEVILLE

Borrower State

IL

Borrower Zip

62220-1401

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37900.00

Current Approval Amount

37900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22586

Servicing Lender Name

Bank of Springfield

Servicing Lender Address

2600 Stevenson Dr

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62703-4328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

SAINT CLAIR

Project State

IL

Project Zip

62220-1401

CD

IL-13

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37900.00

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

22586

Originating Lender

Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38103.52

Forgiveness Date

11/05/2020

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