New Beginnings Restaurant Group, LLC

$1,860,500 PPP Loan in Southlake, Texas

Loan Details

Loan Number
6821997003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,860,500
Current Approval
$1,860,500
Forgiveness Amount
$1,881,844
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Beginnings Restaurant Group, LLC
Address
500 E State Hwy 114
State
Texas
ZIP Code
76092
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Hardee's
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$1,395,375
Rent
$186,050
Utilities
$279,075

Lender Information

Servicing Lender
Texas Partners Bank
Originating Lender
Texas Partners Bank

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