# PPP loan: LAS MARGARITAS INC
> **$186K** approved 04/28/2020 · Paid in Full · Loan `9320947201`
## Borrower
- **Name:** LAS MARGARITAS INC
- **Address:** 2538-40 Welsh Road, Philadelphia, PA, 19152
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Jobs reported:** 40
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*