PPP Loan information for M crowd restaurant group inc

$10,000,000

M crowd restaurant group inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/10/2020 by The Veritex Community Bank reported 500 jobs and $10,000,000 was used to fund payroll.

M crowd restaurant group inc is Existing or more than 2 years old

PPP Loan Search / TX / IRVING / M crowd restaurant group inc

M CROWD RESTAURANT GROUP INC

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

M CROWD RESTAURANT GROUP INC

Borrower Address

350 E Royal Lane Bldg 4 Suite 126

Borrower City

IRVING

Borrower State

TX

Borrower Zip

75039

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVING

Project County Name

DALLAS

Project State

TX

Project Zip

75039-0001

CD

TX-06

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400000.00

Payroll Proceed

8026677.00

Mortgage Interest Proceed

0.00

Rent Proceed

1333323.00

Refinance EIDL Proceed

0.00

Health Care Proceed

240000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10123835.62

Forgiveness Date

07/14/2021

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