PPP Loan information for Midas burger inc.

$29,950

Midas burger inc. was initially approved for PPP Loan of amount $29,953, the current approved amount is $29,950. The loan was approved on 04/11/2020 by The Cadence Bank reported 7 jobs and $29,950 was used to fund payroll.

Midas burger inc. is New Business or 2 years or less

PPP Loan Search / AL / ARAB / Midas burger inc.

MIDAS BURGER INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MIDAS BURGER INC.

Borrower Address

221 N BRINDLEE MOUNTAIN PARKWAY

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-1315

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29952.50

Current Approval Amount

29950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-1315

CD

AL-04

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29950.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30119.72

Forgiveness Date

11/20/2020

;