# PPP loan: M CROWD RESTAURANT GROUP INC
> **$10.00M** approved 04/10/2020 · Paid in Full · Loan `1729447105`
## Borrower
- **Name:** M CROWD RESTAURANT GROUP INC
- **Address:** 350 E Royal Lane Bldg 4 Suite 126, IRVING, TX, 75039
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.12M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.03M
- **Rent:** $1.33M
- **Utilities:** $400K
- **Health care:** $240K
- **Jobs reported:** 500
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*