Martuscelli Restaurant Group, Inc.

$429,752 PPP Loan in Newark, Delaware

Loan Details

Loan Number
7900237110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$429,752
Current Approval
$429,752
Forgiveness Amount
$433,343
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Martuscelli Restaurant Group, Inc.
Address
158 East Main Street
City
Newark
ZIP Code
19711
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$19.5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$320,752
Rent
$39,000
Utilities
$38,000
Health Care
$12,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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