PPP Loan information for Masters restaurant group inc

$106,680

Masters restaurant group inc was initially approved for PPP Loan of amount $106,680, the current approved amount is $106,680. The loan was approved on 02/06/2021 by The Loan Source Incorporated reported 36 jobs and $106,680 was used to fund payroll.

Masters restaurant group inc is Existing or more than 2 years old

MASTERS RESTAURANT GROUP INC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MASTERS RESTAURANT GROUP INC

Borrower Address

1775 E 13 Mile Rd

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-1535

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106680.00

Current Approval Amount

106680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1535

CD

MI-11

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106675.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108085.84

Forgiveness Date

06/08/2022

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