PPP Loan information for Michoacana grill inc

$31,700

Michoacana grill inc was initially approved for PPP Loan of amount $31,700, the current approved amount is $31,700. The loan was approved on 07/22/2020 by The Truist Bank reported 13 jobs and $31,700 was used to fund payroll.

Michoacana grill inc is Existing or more than 2 years old

PPP Loan Search / PA / KENNETT SQUARE / Michoacana grill inc

MICHOACANA GRILL INC

Date Approved

07/22/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MICHOACANA GRILL INC

Borrower Address

PO BOX 1186

Borrower City

KENNETT SQUARE

Borrower State

PA

Borrower Zip

19348

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31700.00

Current Approval Amount

31700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENNETT SQUARE

Project County Name

CHESTER

Project State

PA

Project Zip

19348-0001

CD

PA-06

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31700.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31851.46

Forgiveness Date

02/02/2021

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