# PPP loan: W & M RESTAURANTS, INC.
> **$1.50M** approved 04/03/2020 · Paid in Full · Loan `4395737003`
## Borrower
- **Name:** W & M RESTAURANTS, INC.
- **Address:** 405 US HIGHWAY 50, UNION, MO, 63084-1969
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Rent:** $93K
- **Mortgage interest:** $100K
- **Utilities:** $80K
- **Health care:** $68K
- **Debt interest:** $18K
- **Jobs reported:** 249
## Lender
- **Originating:** Sullivan Bank
- **Servicing:** Sullivan Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*