PPP Loan information for Murphy adams restaurant group, inc.

$2,232,073

Murphy adams restaurant group, inc. was initially approved for PPP Loan of amount $1,740,000, the current approved amount is $2,232,073. The loan was approved on 04/12/2020 by The Texas Capital Bank reported 120 jobs and $2,232,073 was used to fund payroll.

Murphy adams restaurant group, inc. is Existing or more than 2 years old

PPP Loan Search / TX / Austin / Murphy adams restaurant group, inc.

MURPHY ADAMS RESTAURANT GROUP, INC.

Date Approved

04/12/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MURPHY ADAMS RESTAURANT GROUP, INC.

Borrower Address

512 East Riverside Drive

Borrower City

Austin

Borrower State

TX

Borrower Zip

78704-1300

Loan Status Date

06/24/2020

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

1740000.00

Current Approval Amount

2232073.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

TRAVIS

Project State

TX

Project Zip

78704-1300

CD

TX-21

Jobs Reported

120

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55000.00

Payroll Proceed

1880073.00

Mortgage Interest Proceed

0.00

Rent Proceed

297000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2144156.29

Forgiveness Date

07/21/2021

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