PPP Loan information for Margs mex orono llc

$125,677

Margs mex orono llc was initially approved for PPP Loan of amount $125,677, the current approved amount is $125,677. The loan was approved on 04/01/2021 by The Timberline Bank reported 28 jobs and $125,677 was used to fund payroll.

Margs mex orono llc is Existing or more than 2 years old

MARGS MEX ORONO LLC

Date Approved

04/01/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MARGS MEX ORONO LLC

Borrower Address

15 Mill St

Borrower City

Orono

Borrower State

ME

Borrower Zip

04473-4034

Loan Status Date

11/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125677.47

Current Approval Amount

125677.47

Undisbursed Amount

0.00

Franchise Name

Tio Juan's Margaritas Mexican Restaurant

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orono

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04473-4034

CD

ME-02

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

125672.47

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

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127499.79

Forgiveness Date

09/07/2022

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