As part of the Paycheck Protection Program MERCEDES RESTAURANTS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MERCEDES RESTAURANTS, INC


Loan Amount	$1,352,195
BusinessName	MERCEDES RESTAURANTS, INC
Address	2402 W NEBRASKA AVE
City	PEORIA
State	IL
Zip	61604
NAICSCode	722511
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	155
DateApproved	04/14/2020
Lender	Bank of Farmington
CD	IL-17
BusinessName.clean	MERCEDES RESTAURANTS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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