PPP Loan information for Hotel ventures management of illinois, inc

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HOTEL VENTURES MANAGEMENT OF ILLINOIS, INC

Borrower Address

6450 S 6th Street Road Suite A

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62712

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172967.00

Current Approval Amount

172967.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

21798

Servicing Lender Name

Bank & Trust Company

Servicing Lender Address

401 N Madison St

Servicing Lender City

LITCHFIELD

Servicing Lender State

IL

Servicing Lender Zip

62056-1944

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62712-1533

CD

IL-13

Jobs Reported

12

NAICS Code

561110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129725.63

Mortgage Interest Proceed

43241.37

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21798

Originating Lender

Bank & Trust Company

Originating Lender City

LITCHFIELD

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174336.32

Forgiveness Date

01/26/2021