PPP Loan information for Mountain gate family restaurant, inc.

$327,420

Mountain gate family restaurant, inc. was initially approved for PPP Loan of amount $327,420, the current approved amount is $327,420. The loan was approved on 05/18/2020 by The Woodsboro Bank reported 92 jobs and $327,420 was used to fund payroll.

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

PPP Loan Search / MD / Thurmont / Mountain gate family restaurant, inc.

MOUNTAIN GATE FAMILY RESTAURANT, INC.

Date Approved

05/18/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MOUNTAIN GATE FAMILY RESTAURANT, INC.

Borrower Address

133 Frederick Road

Borrower City

Thurmont

Borrower State

MD

Borrower Zip

21788

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327420.00

Current Approval Amount

327420.00

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

21788-0001

CD

MD-06

Jobs Reported

92

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

327420.00

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

329554.96

Forgiveness Date

01/12/2021

;