PPP Loan information for Bays northbrook hospitality corp

$489,500

Bays northbrook hospitality corp was initially approved for PPP Loan of amount $489,500, the current approved amount is $489,500. The loan was approved on 04/11/2020 by The LincolnWay Community Bank reported 100 jobs and $489,500 was used to fund payroll.

Bays northbrook hospitality corp is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Bays northbrook hospitality corp

BAYS NORTHBROOK HOSPITALITY CORP

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BAYS NORTHBROOK HOSPITALITY CORP

Borrower Address

2875 MILWAUKEE AVENUE

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-6103

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489500.00

Current Approval Amount

489500.00

Undisbursed Amount

0.00

Franchise Name

Crowne Plaza

Servicing Lender Location Id

435260

Servicing Lender Name

LincolnWay Community Bank

Servicing Lender Address

1000 E Lincoln Hwy

Servicing Lender City

NEW LENOX

Servicing Lender State

IL

Servicing Lender Zip

60451-2145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-6103

CD

IL-09

Jobs Reported

100

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

383600.00

Mortgage Interest Proceed

95900.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

435260

Originating Lender

LincolnWay Community Bank

Originating Lender City

NEW LENOX

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

493416.00

Forgiveness Date

02/03/2021

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