PPP Loan information for Las margaritas, inc

$118,600

Las margaritas, inc was initially approved for PPP Loan of amount $118,600, the current approved amount is $118,600. The loan was approved on 04/09/2020 by The First National Bank reported 26 jobs and $118,600 was used to fund payroll.

Las margaritas, inc is Existing or more than 2 years old

PPP Loan Search / AR / SPRINGDALE / Las margaritas, inc

LAS MARGARITAS, INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LAS MARGARITAS, INC

Borrower Address

2313 W SUNSET AVE

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72762

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118600.00

Current Approval Amount

118600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGDALE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72762-0100

CD

AR-03

Jobs Reported

26

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

3700.00

Payroll Proceed

94900.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

119643.03

Forgiveness Date

03/05/2021

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