Terhunes of Muncie INC

$539,800 PPP Loan in Muncie, Indiana

Loan Details

Loan Number
2718017104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$539,800
Current Approval
$539,800
Forgiveness Amount
$545,760
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Terhunes of Muncie INC
Address
4707 N Wheeling Ave
City
Muncie
State
Indiana
ZIP Code
47304-1222
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
167
Estimated Revenue
$29.7M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$539,800

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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