PPP Loan information for El mariachi mexican restaurant

$61,877

El mariachi mexican restaurant was initially approved for PPP Loan of amount $61,877, the current approved amount is $61,877. The loan was approved on 04/16/2020 by The First Farmers & Merchants State Bank reported 12 jobs and $61,877 was used to fund payroll.

El mariachi mexican restaurant is Existing or more than 2 years old

PPP Loan Search / MN / AUSTIN / El mariachi mexican restaurant

EL MARIACHI MEXICAN RESTAURANT

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EL MARIACHI MEXICAN RESTAURANT

Borrower Address

227 NORTH MAIN ST

Borrower City

AUSTIN

Borrower State

MN

Borrower Zip

55912-3440

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61877.00

Current Approval Amount

61877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36685

Servicing Lender Name

First Farmers & Merchants State Bank

Servicing Lender Address

106 W Main St

Servicing Lender City

BROWNSDALE

Servicing Lender State

MN

Servicing Lender Zip

55918

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

MOWER

Project State

MN

Project Zip

55912-3440

CD

MN-01

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

15469.25

Payroll Proceed

46407.75

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

36685

Originating Lender

First Farmers & Merchants State Bank

Originating Lender City

BROWNSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52127.74

Forgiveness Date

10/16/2020

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