Roetzel Restaurant Group, Inc.

$583,000 PPP Loan in Mansfield, Texas

Loan Details

Loan Number
5063087007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$583,000
Current Approval
$583,000
Forgiveness Amount
$586,854
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Roetzel Restaurant Group, Inc.
Address
1306 Grayhawk Dr.
State
Texas
ZIP Code
76063-5554
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$23.3M
Rural/Urban
Urban
Congressional District
TX-06

Loan Use Breakdown

Payroll
$437,250
Rent
$145,750

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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