PPP Loan information for Mtc hospitality group, inc

$141,800

Mtc hospitality group, inc was initially approved for PPP Loan of amount $141,800, the current approved amount is $141,800. The loan was approved on 04/10/2020 by The FNNB Bank reported 36 jobs and $141,800 was used to fund payroll.

Mtc hospitality group, inc is Existing or more than 2 years old

PPP Loan Search / IA / MARSHALLTOWN / Mtc hospitality group, inc

MTC HOSPITALITY GROUP, INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MTC HOSPITALITY GROUP, INC

Borrower Address

16 IOWA AVE W

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-4780

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141800.00

Current Approval Amount

141800.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALLTOWN

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-4780

CD

IA-04

Jobs Reported

36

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141800.00

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

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142813.97

Forgiveness Date

01/07/2021

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