Mucho Loco Restaurant INC

$87,800 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
8962297106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$87,800
Current Approval
$87,800
Forgiveness Amount
$88,531
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mucho Loco Restaurant INC
Address
19112 Freeport St NW
ZIP Code
55330-1266
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$57,800
Refinance EIDL
$30,000

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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