Mp Restaurants INC

$625,000 PPP Loan in Folsom, California

Loan Details

Loan Number
9743997000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$631,832
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mp Restaurants INC
Address
1392 Folsom Meadows Circle
City
Folsom
ZIP Code
95630
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
190
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
CA-03

Loan Use Breakdown

Payroll
$500,000
Utilities
$62,500
Mortgage Interest
$37,500
Debt Interest
$25,000

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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