PPP Loan information for Michael's restaurant & market

$244,400

Michael's restaurant & market was initially approved for PPP Loan of amount $244,400, the current approved amount is $244,400. The loan was approved on 04/28/2020 by The TransPecos Banks, SSB. reported 54 jobs and $244,400 was used to fund payroll.

Michael's restaurant & market is Existing or more than 2 years old

PPP Loan Search / NC / Carolina Beach / Michael's restaurant & market

MICHAEL'S RESTAURANT & MARKET

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MICHAEL'S RESTAURANT & MARKET

Borrower Address

1206 N Lake Park Blvd

Borrower City

Carolina Beach

Borrower State

NC

Borrower Zip

28428

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244400.00

Current Approval Amount

244400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71584

Servicing Lender Name

TransPecos Banks, SSB.

Servicing Lender Address

115 W 3rd St

Servicing Lender City

PECOS

Servicing Lender State

TX

Servicing Lender Zip

79772-3120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carolina Beach

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28428-0001

CD

NC-07

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244400.00

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

71584

Originating Lender

TransPecos Banks, SSB.

Originating Lender City

PECOS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246497.77

Forgiveness Date

03/15/2021

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