PPP Loan information for Macks restaurants inc

$471,100

Macks restaurants inc was initially approved for PPP Loan of amount $471,100, the current approved amount is $471,100. The loan was approved on 02/01/2021 by The Sandy Spring Bank reported 95 jobs and $471,100 was used to fund payroll.

Macks restaurants inc is Existing or more than 2 years old

PPP Loan Search / MD / Glen Burnie / Macks restaurants inc

MACKS RESTAURANTS INC

Date Approved

02/01/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MACKS RESTAURANTS INC

Borrower Address

7134 Ritchie Hwy

Borrower City

Glen Burnie

Borrower State

MD

Borrower Zip

21061-2904

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

471100.00

Current Approval Amount

471100.00

Undisbursed Amount

0.00

Franchise Name

Friendly's

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Burnie

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21061-2904

CD

MD-03

Jobs Reported

95

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

471096.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

475023.68

Forgiveness Date

12/07/2021

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