PPP Loan information for Margo's, inc.

$56,300

Margo's, inc. was initially approved for PPP Loan of amount $56,300, the current approved amount is $56,300. The loan was approved on 04/07/2020 by The First Savings Bank reported 18 jobs and $56,300 was used to fund payroll.

Margo's, inc. is Existing or more than 2 years old

MARGO'S, INC.

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MARGO'S, INC.

Borrower Address

504 E. 1ST ST

Borrower City

ALAMOGORDO

Borrower State

NM

Borrower Zip

88310-6508

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56300.00

Current Approval Amount

56300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66442

Servicing Lender Name

First Savings Bank

Servicing Lender Address

201 N Third

Servicing Lender City

BERESFORD

Servicing Lender State

SD

Servicing Lender Zip

57004-1743

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALAMOGORDO

Project County Name

OTERO

Project State

NM

Project Zip

88310-6508

CD

NM-02

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56300.00

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

Corporation

Originating Lender Location Id

66442

Originating Lender

First Savings Bank

Originating Lender City

BERESFORD

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56728.51

Forgiveness Date

01/14/2021

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