# PPP loan: MCGUIRE RESTAURANT GROUP INC
> **$284K** approved 05/07/2021 · Exemption 4 · Loan `7227688906`
## Borrower
- **Name:** MCGUIRE RESTAURANT GROUP INC
- **Address:** 3597 Main Stnull 3597 Main Stnull, Riverside, CA, 92501
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $240K (84%)
- **Forgiveness date:** 06/23/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $284K
- **Jobs reported:** 40
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*