PPP Loan information for Martuscelli restaurant group, inc.

$429,752

Martuscelli restaurant group, inc. was initially approved for PPP Loan of amount $429,752, the current approved amount is $429,752. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 110 jobs and $429,752 was used to fund payroll.

Martuscelli restaurant group, inc. is Existing or more than 2 years old

MARTUSCELLI RESTAURANT GROUP, INC.

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MARTUSCELLI RESTAURANT GROUP, INC.

Borrower Address

158 East Main Street

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

429752.00

Current Approval Amount

429752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-0001

CD

DE-

Jobs Reported

110

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38000.00

Payroll Proceed

320752.00

Mortgage Interest Proceed

20000.00

Rent Proceed

39000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

433343.08

Forgiveness Date

02/22/2021

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