Mcham Corp

$126,500 PPP Loan in Woodstock, Illinois

Loan Details

Loan Number
6266397000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$126,500
Current Approval
$126,500
Forgiveness Amount
$127,431
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcham Corp
Address
1215 Sullivan Rd
ZIP Code
60098-8804
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
38
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$94,875
Rent
$10,542
Utilities
$10,542
Mortgage Interest
$10,542

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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