# PPP loan: MP RESTAURANTS INC
> **$625K** approved 04/09/2020 · Paid in Full · Loan `9743997000`
## Borrower
- **Name:** MP RESTAURANTS INC
- **Address:** 1392 Folsom Meadows Circle, FOLSOM, CA, 95630
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $632K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Mortgage interest:** $38K
- **Utilities:** $63K
- **Debt interest:** $25K
- **Jobs reported:** 190
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*