# PPP loan: MCCORMICK HOSPITALITY GROUP
> **$225K** approved 04/03/2020 · Paid in Full · Loan `4428907003`
## Borrower
- **Name:** MCCORMICK HOSPITALITY GROUP
- **Address:** 331 Broadway Avenue S, Wayzata, MN, 55391-1120
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $212K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $45K
- **Jobs reported:** 11
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*