M Crowd Restaurant Group INC

$10,000,000 PPP Loan in Irving, Texas

Loan Details

Loan Number
1729447105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,123,836
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M Crowd Restaurant Group INC
Address
350 E Royal Lane Bldg 4 Suite 126
City
Irving
State
Texas
ZIP Code
75039
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
TX-06

Loan Use Breakdown

Payroll
$8,026,677
Rent
$1,333,323
Utilities
$400,000
Health Care
$240,000

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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