# PPP loan: MCCORMICKS FAMILY RESTAURANTS, INC.
> **$181K** approved 04/27/2020 · Paid in Full · Loan `4589967207`
## Borrower
- **Name:** MCCORMICKS FAMILY RESTAURANTS, INC.
- **Address:** 1102 HIGHWAY 15 S, HUTCHINSON, MN, 55350-3120
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 37
## Lender
- **Originating:** Citizens Bank & Trust Co
- **Servicing:** Citizens Bank & Trust Co (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*