PPP Loan information for Lasalle hospitality group inc

$552,700

Lasalle hospitality group inc was initially approved for PPP Loan of amount $552,700, the current approved amount is $552,700. The loan was approved on 01/23/2021 by The 1st Source Bank reported 46 jobs and $552,700 was used to fund payroll.

Lasalle hospitality group inc is Existing or more than 2 years old

PPP Loan Search / IN / South Bend / Lasalle hospitality group inc

LASALLE HOSPITALITY GROUP INC

Date Approved

01/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LASALLE HOSPITALITY GROUP INC

Borrower Address

115 W Colfax Ave

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46601-1601

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552700.00

Current Approval Amount

552700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46601-1601

CD

IN-02

Jobs Reported

46

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

552696.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556829.90

Forgiveness Date

10/25/2021

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