W & M Restaurants, Inc.

$1,500,000 PPP Loan in Union, Missouri

Loan Details

Loan Number
4395737003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,500,000
Current Approval
$1,500,000
Forgiveness Amount
$1,512,082
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
W & M Restaurants, Inc.
Address
405 US Highway 50
City
Union
ZIP Code
63084-1969
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Taco Bell
Business Age
Existing or more than 2 years old
Jobs Reported
249
Estimated Revenue
$44.2M
Rural/Urban
Rural
Congressional District
MO-02

Loan Use Breakdown

Payroll
$1,141,249
Rent
$92,500
Utilities
$80,153
Health Care
$67,848
Mortgage Interest
$100,000
Debt Interest
$18,250

Lender Information

Servicing Lender
Sullivan Bank
Originating Lender
Sullivan Bank

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