Mercedes Restaurants, Inc.

$1,352,195 PPP Loan in Peoria, Illinois

Loan Details

Loan Number
7112167101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,352,195
Current Approval
$1,352,195
Forgiveness Amount
$1,361,827
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mercedes Restaurants, Inc.
Address
2402 W Nebraska Ave
City
Peoria
ZIP Code
61604-3112
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$27.5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,352,195

Lender Information

Servicing Lender
Bank of Farmington
Originating Lender
Bank of Farmington

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