PPP Loan information for Margaritas, llc

$63,600

Margaritas, llc was initially approved for PPP Loan of amount $63,600, the current approved amount is $63,600. The loan was approved on 05/14/2020 by The Investar Bank, National Association reported 12 jobs and $63,600 was used to fund payroll.

Margaritas, llc is New Business or 2 years or less

MARGARITAS, LLC

Date Approved

05/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MARGARITAS, LLC

Borrower Address

610 Palace Drive

Borrower City

Hammond

Borrower State

LA

Borrower Zip

70403

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63600.00

Current Approval Amount

63600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442411

Servicing Lender Name

Investar Bank, National Association

Servicing Lender Address

7244 Perkins Rd

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70808-4323

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Hammond

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70403-0001

CD

LA-05

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63600.00

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

442411

Originating Lender

Investar Bank, National Association

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64121.00

Forgiveness Date

03/11/2021

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