PPP Loan information for Midland restaurants inc

$570,091

Midland restaurants inc was initially approved for PPP Loan of amount $570,091, the current approved amount is $570,091. The loan was approved on 01/28/2021 by The Prosperity Bank reported 28 jobs and $570,091 was used to fund payroll.

Midland restaurants inc is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Midland restaurants inc

MIDLAND RESTAURANTS INC

Date Approved

01/28/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

MIDLAND RESTAURANTS INC

Borrower Address

606 W Missouri Ave

Borrower City

Midland

Borrower State

TX

Borrower Zip

79701-5018

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

570090.50

Current Approval Amount

570090.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-5018

CD

TX-11

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

570085.50

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

578071.77

Forgiveness Date

06/22/2022

;