PPP Loan information for Midland restaurants, inc.

$401,000

Midland restaurants, inc. was initially approved for PPP Loan of amount $401,000, the current approved amount is $401,000. The loan was approved on 04/09/2020 by The Prosperity Bank reported 40 jobs and $401,000 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

04/09/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

MIDLAND RESTAURANTS, INC.

Borrower Address

610 W. MISSOURI AVE

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-5018

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

401000.00

Current Approval Amount

401000.00

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

40

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401000.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

228300.20

Forgiveness Date

02/10/2021

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