PPP Loan information for Mg restaurants, inc.

$2,300,000

Mg restaurants, inc. was initially approved for PPP Loan of amount $2,300,000, the current approved amount is $2,300,000. The loan was approved on 04/15/2020 by The Newtek Small Business Finance, Inc. reported 246 jobs and $2,300,000 was used to fund payroll.

Mg restaurants, inc. is Existing or more than 2 years old

PPP Loan Search / CA / SAN FRANCISCO / Mg restaurants, inc.

MG RESTAURANTS, INC.

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MG RESTAURANTS, INC.

Borrower Address

99 OSGOOD PL SUITE 300

Borrower City

SAN FRANCISCO

Borrower State

CA

Borrower Zip

94133-4629

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2300000.00

Current Approval Amount

2300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN FRANCISCO

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94133-4629

CD

CA-11

Jobs Reported

246

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2300000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2337247.22

Forgiveness Date

11/29/2021

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