PPP Loan information for Mid-atlantic restaurant concepts llc

$1,105,247

Mid-atlantic restaurant concepts llc was initially approved for PPP Loan of amount $1,105,247, the current approved amount is $1,105,247. The loan was approved on 02/26/2021 by The Loan Source Incorporated reported 94 jobs and $1,105,247 was used to fund payroll.

Mid-atlantic restaurant concepts llc is Existing or more than 2 years old

MID-ATLANTIC RESTAURANT CONCEPTS LLC

Date Approved

02/26/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MID-ATLANTIC RESTAURANT CONCEPTS LLC

Borrower Address

101 Witmer Rd

Borrower City

Horsham

Borrower State

PA

Borrower Zip

19044-2200

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1105247.00

Current Approval Amount

1105247.00

Undisbursed Amount

0.00

Franchise Name

Tio Juan's Margaritas Mexican Restaurant

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Horsham

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19044-2200

CD

PA-04

Jobs Reported

94

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1105243.00

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

Limited Liability Company(LLC)

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

1112847.47

Forgiveness Date

11/10/2021

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