# PPP loan: LAS MARGARITAS INC
> **$887K** approved 04/05/2020 · Paid in Full · Loan `5491187009`
## Borrower
- **Name:** LAS MARGARITAS INC
- **Address:** 2144 N Westwood Blvd, POPLAR BLUFF, MO, 63901-2440
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $887K
- **Initial approval:** $887K
- **Forgiven:** $894K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $665K
- **Mortgage interest:** $111K
- **Utilities:** $111K
- **Jobs reported:** 179
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*