PPP Loan information for Margaritas management group, inc.

$417,100

Margaritas management group, inc. was initially approved for PPP Loan of amount $431,200, the current approved amount is $417,100. The loan was approved on 04/15/2020 by The BankProv reported 25 jobs and $417,100 was used to fund payroll.

Margaritas management group, inc. is Existing or more than 2 years old

PPP Loan Search / NH / PORTSMOUTH / Margaritas management group, inc.

MARGARITAS MANAGEMENT GROUP, INC.

Date Approved

04/15/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MARGARITAS MANAGEMENT GROUP, INC.

Borrower Address

200 griffin road, ste 1

Borrower City

PORTSMOUTH

Borrower State

NH

Borrower Zip

03801

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431200.00

Current Approval Amount

417100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30947

Servicing Lender Name

BankProv

Servicing Lender Address

5 Market St

Servicing Lender City

AMESBURY

Servicing Lender State

MA

Servicing Lender Zip

01913-2408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03801-1900

CD

NH-01

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

417100.00

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

Corporation

Originating Lender Location Id

30947

Originating Lender

BankProv

Originating Lender City

AMESBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

420900.24

Forgiveness Date

03/18/2021

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