CM RESTAURANT CORPORATION (ID) - 2020 PPP Loan Borrower Profile (# 6545578604)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CM RESTAURANT CORPORATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Idaho.

Loan Detail

Loan Number

6545578604

SBA Office Code

1087

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$2,017,863.01

Date Loan was Forgiven

Feb 22, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,994

Lender

Washington Trust Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

Meridian, ID

Project Location

Meridian, ID

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

171

Business Age Description

Existing or more than 2 years old

Data Source: SBA.