Mg's Restaurant & Bakery

$156,720 PPP Loan in Sherman, Texas

Loan Details

Loan Number
6610897106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$156,720
Current Approval
$156,720
Forgiveness Amount
$158,815
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mg's Restaurant & Bakery
Address
1721 N Woods St
State
Texas
ZIP Code
75092
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
New Business or 2 years or less
Jobs Reported
49
Estimated Revenue
$8.7M
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$156,720

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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