PPP Loan information for Meritage restaurant group inc

$195,600

Meritage restaurant group inc was initially approved for PPP Loan of amount $195,600, the current approved amount is $195,600. The loan was approved on 04/30/2020 by The Renasant Bank reported 76 jobs and $195,600 was used to fund payroll.

Meritage restaurant group inc is New Business or 2 years or less

MERITAGE RESTAURANT GROUP INC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MERITAGE RESTAURANT GROUP INC

Borrower Address

2313 KIRK FARM PL

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30152

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195600.00

Current Approval Amount

195600.00

Undisbursed Amount

0.00

Franchise Name

Tropical Smoothie Cafe

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30152-0001

CD

GA-11

Jobs Reported

76

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195600.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196751.87

Forgiveness Date

12/09/2020

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