Mg Restaurants, Inc.

$2,000,000 PPP Loan in San Francisco, California

Loan Details

Loan Number
5899378301
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,389
Forgiveness Date
Feb 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mg Restaurants, Inc.
Address
563 Clay St
ZIP Code
94111-3029
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
$24.0M
Rural/Urban
Urban
Congressional District
CA-11

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

Other PPP Loans in San Francisco, CA

BusinessApproved
Quantcast Corporation$10,000,000NewBizBotAI Deep Dive
Young Men's Christian Association of San Francisco$10,000,000NewBizBotAI Deep Dive
Mcmillan Electric$10,000,000NewBizBotAI Deep Dive
Environmental Science Associates$10,000,000NewBizBotAI Deep Dive
Severson & Werson, a Professional Corporation$9,552,000NewBizBotAI Deep Dive

Want to research this company further?