PPP Loan information for Michael's restaurant & market inc.

$341,400

Michael's restaurant & market inc. was initially approved for PPP Loan of amount $341,400, the current approved amount is $341,400. The loan was approved on 02/02/2021 by The TransPecos Banks, SSB. reported 54 jobs and $341,400 was used to fund payroll.

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

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

MICHAEL'S RESTAURANT & MARKET INC.

Date Approved

02/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MICHAEL'S RESTAURANT & MARKET INC.

Borrower Address

1206 Lake Park Blvd N

Borrower City

Carolina Beach

Borrower State

NC

Borrower Zip

28428-4165

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341400.00

Current Approval Amount

341400.00

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

28428-4165

CD

NC-07

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

341398.00

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

345003.67

Forgiveness Date

02/25/2022

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