PPP Loan information for Nacho's mexican restaurant inc

$48,650

Nacho's mexican restaurant inc was initially approved for PPP Loan of amount $48,650, the current approved amount is $48,650. The loan was approved on 01/17/2021 by The Tri-County Bank reported 7 jobs and $48,650 was used to fund payroll.

Nacho's mexican restaurant inc is Existing or more than 2 years old

PPP Loan Search / MI / Imlay City / Nacho's mexican restaurant inc

NACHO'S MEXICAN RESTAURANT INC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NACHO'S MEXICAN RESTAURANT INC

Borrower Address

6708 Lierman Rd

Borrower City

Imlay City

Borrower State

MI

Borrower Zip

48444-8504

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48650.00

Current Approval Amount

48650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Imlay City

Project County Name

LAPEER

Project State

MI

Project Zip

48444-8504

CD

MI-09

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48646.00

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

Subchapter S Corporation

Originating Lender Location Id

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48875.26

Forgiveness Date

07/14/2021

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