PPP Loan information for Mucho loco restaurant inc

$87,800

Mucho loco restaurant inc was initially approved for PPP Loan of amount $87,800, the current approved amount is $87,800. The loan was approved on 04/15/2020 by The CorTrust Bank National Association reported 10 jobs and $87,800 was used to fund payroll.

Mucho loco restaurant inc is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Mucho loco restaurant inc

MUCHO LOCO RESTAURANT INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MUCHO LOCO RESTAURANT INC

Borrower Address

19112 FREEPORT ST NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-1266

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87800.00

Current Approval Amount

87800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-1266

CD

MN-06

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

30000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88531.27

Forgiveness Date

02/19/2021

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