PPP Loan information for Mountain gate family restaurant

$458,388

Mountain gate family restaurant was initially approved for PPP Loan of amount $458,388, the current approved amount is $458,388. The loan was approved on 02/25/2021 by The Woodsboro Bank reported 64 jobs and $458,388 was used to fund payroll.

Mountain gate family restaurant is Existing or more than 2 years old

PPP Loan Search / MD / Thurmont / Mountain gate family restaurant

MOUNTAIN GATE FAMILY RESTAURANT

Date Approved

02/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MOUNTAIN GATE FAMILY RESTAURANT

Borrower Address

133 Frederick Rd

Borrower City

Thurmont

Borrower State

MD

Borrower Zip

21788-1813

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

458388.00

Current Approval Amount

458388.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30930

Servicing Lender Name

Woodsboro Bank

Servicing Lender Address

5 N Main St

Servicing Lender City

WOODSBORO

Servicing Lender State

MD

Servicing Lender Zip

21798-8816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thurmont

Project County Name

FREDERICK

Project State

MD

Project Zip

21788-1813

CD

MD-06

Jobs Reported

64

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

458385.00

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

30930

Originating Lender

Woodsboro Bank

Originating Lender City

WOODSBORO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

463901.21

Forgiveness Date

05/19/2022

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