PPP Loan information for Mrg resaurants, inc

$535,800

Mrg resaurants, inc was initially approved for PPP Loan of amount $574,200, the current approved amount is $535,800. The loan was approved on 04/03/2020 by The Vision Bank reported 201 jobs and $535,800 was used to fund payroll.

Mrg resaurants, inc is Existing or more than 2 years old

PPP Loan Search / OK / ADA / Mrg resaurants, inc

MRG RESAURANTS, INC

Date Approved

04/03/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MRG RESAURANTS, INC

Borrower Address

901 N. Monte Vista

Borrower City

ADA

Borrower State

OK

Borrower Zip

74820-7728

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

574200.00

Current Approval Amount

535800.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

58694

Servicing Lender Name

Vision Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

ADA

Servicing Lender State

OK

Servicing Lender Zip

74820-5601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADA

Project County Name

PONTOTOC

Project State

OK

Project Zip

74820-7728

CD

OK-04

Jobs Reported

201

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53580.00

Payroll Proceed

482220.00

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

58694

Originating Lender

Vision Bank

Originating Lender City

ADA

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

540875.22

Forgiveness Date

03/18/2021

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