PPP Loan information for Margaritas restaurant group - methuen inc.

$200,000

Margaritas restaurant group - methuen inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 02/26/2021 by The BankProv reported 17 jobs and $200,000 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

02/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MARGARITAS RESTAURANT GROUP - METHUEN INC.

Borrower Address

90 Pleasant Valley St

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-7212

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

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

01844-7212

CD

MA-03

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

199996.00

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

201666.67

Forgiveness Date

12/28/2021

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