PPP Loan information for Bolingbrook motel inc

$149,976

Bolingbrook motel inc was initially approved for PPP Loan of amount $149,976, the current approved amount is $149,976. The loan was approved on 02/12/2021 by The Midland States Bank reported 25 jobs and $149,976 was used to fund payroll.

Bolingbrook motel inc is Existing or more than 2 years old

BOLINGBROOK MOTEL INC

Date Approved

02/12/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BOLINGBROOK MOTEL INC

Borrower Address

165 Remington Blvd

Borrower City

Bolingbrook

Borrower State

IL

Borrower Zip

60440-3533

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149975.87

Current Approval Amount

149975.87

Undisbursed Amount

0.00

Franchise Name

Hampton Inn & Suites

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bolingbrook

Project County Name

WILL

Project State

IL

Project Zip

60440-3533

CD

IL-11

Jobs Reported

25

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149970.87

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150920.92

Forgiveness Date

10/06/2021

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