PPP Loan information for M g c restaurants llc

$61,306

M g c restaurants llc was initially approved for PPP Loan of amount $61,306, the current approved amount is $61,306. The loan was approved on 02/04/2021 by The First Merchants Bank reported 6 jobs and $61,306 was used to fund payroll.

M g c restaurants llc is Existing or more than 2 years old

M G C RESTAURANTS LLC

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

M G C RESTAURANTS LLC

Borrower Address

7454 Broadway

Borrower City

Merrillville

Borrower State

IN

Borrower Zip

46410-4719

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61306.00

Current Approval Amount

61306.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrillville

Project County Name

LAKE

Project State

IN

Project Zip

46410-4719

CD

IN-01

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61306.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61702.39

Forgiveness Date

10/06/2021

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