Mchcr Enterprises, Inc.

$155,173 PPP Loan in Mchenry, Illinois

Loan Details

Loan Number
6091257001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$155,173
Current Approval
$155,173
Forgiveness Amount
$156,431
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mchcr Enterprises, Inc.
Address
1101 Adams Dr
ZIP Code
60051-4500
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Culver's Butterburgers & Frozen Custard
Business Age
New Business or 2 years or less
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$124,138
Rent
$23,276
Utilities
$3,103
Debt Interest
$4,655

Lender Information

Servicing Lender
Byron Bank
Originating Lender
Byron Bank

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