White Castle System INC

$10,000,000 PPP Loan in Columbus, Ohio

Loan Details

Loan Number
1385077107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,115,967
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
White Castle System INC
Address
555 Edgar Waldo Way 0.0
State
Ohio
ZIP Code
43215-1158
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
OH-15

Loan Use Breakdown

Payroll
$7,500,000
Rent
$1,170,000
Utilities
$1,200,000
Mortgage Interest
$80,000
Debt Interest
$50,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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