Merch Foods Inc.

$119,500 PPP Loan in Gurnee, Illinois

Loan Details

Loan Number
6557507007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$119,500
Current Approval
$119,500
Forgiveness Amount
$120,613
Forgiveness Date
Mar 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merch Foods Inc.
Address
1505 Nations Drive
City
Gurnee
ZIP Code
60031-9112
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Culver's Butterburgers & Frozen Custard
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$119,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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