# PPP loan: MARGARITAS RESTAURANT GROUP - METHUEN INC.
> **$200K** approved 02/26/2021 · Paid in Full · Loan `4916588510`
## Borrower
- **Name:** MARGARITAS RESTAURANT GROUP - METHUEN INC.
- **Address:** 90 Pleasant Valley St, Methuen, MA, 01844-7212
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** BankProv
- **Servicing:** BankProv (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*