PPP Loan information for Margaritas restaurant group - methuen, inc.

$196,100

Margaritas restaurant group - methuen, inc. was initially approved for PPP Loan of amount $196,100, the current approved amount is $196,100. The loan was approved on 04/13/2020 by The BankProv reported 35 jobs and $196,100 was used to fund payroll.

Margaritas restaurant group - methuen, inc. is Existing or more than 2 years old

PPP Loan Search / MA / METHUEN / Margaritas restaurant group - methuen, inc.

MARGARITAS RESTAURANT GROUP - METHUEN, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARGARITAS RESTAURANT GROUP - METHUEN, INC.

Borrower Address

90 Pleasant Valley Street

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-7210

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196100.00

Current Approval Amount

196100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30947

Servicing Lender Name

BankProv

Servicing Lender Address

5 Market St

Servicing Lender City

AMESBURY

Servicing Lender State

MA

Servicing Lender Zip

01913-2408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-7210

CD

MA-03

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

196100.00

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

30947

Originating Lender

BankProv

Originating Lender City

AMESBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197957.50

Forgiveness Date

03/31/2021

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