PPP Loan information for Margaritas mexican restaurant of summerville inc

$144,000

Margaritas mexican restaurant of summerville inc was initially approved for PPP Loan of amount $144,000, the current approved amount is $144,000. The loan was approved on 04/28/2020 by The First Palmetto Bank reported 22 jobs and $144,000 was used to fund payroll.

Margaritas mexican restaurant of summerville inc is Unanswered

MARGARITAS MEXICAN RESTAURANT OF SUMMERVILLE INC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MARGARITAS MEXICAN RESTAURANT OF SUMMERVILLE INC

Borrower Address

223 N Main Street

Borrower City

SUMMERVILLE

Borrower State

SC

Borrower Zip

29483

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144000.00

Current Approval Amount

144000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SUMMERVILLE

Project County Name

DORCHESTER

Project State

SC

Project Zip

29483-0300

CD

SC-01

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108000.00

Mortgage Interest Proceed

36000.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145212.00

Forgiveness Date

03/05/2021

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