PPP Loan information for Promise hospitality llc

$31,100

Promise hospitality llc was initially approved for PPP Loan of amount $31,100, the current approved amount is $31,100. The loan was approved on 01/20/2021 by The Peoples Bank & Trust reported 7 jobs and $31,100 was used to fund payroll.

Promise hospitality llc is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Promise hospitality llc

PROMISE HOSPITALITY LLC

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PROMISE HOSPITALITY LLC

Borrower Address

5100 Hickory Point Frontage Rd

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62526-9778

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31100.00

Current Approval Amount

31100.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

22272

Servicing Lender Name

Peoples Bank & Trust

Servicing Lender Address

200 S Locust St

Servicing Lender City

PANA

Servicing Lender State

IL

Servicing Lender Zip

62557-1606

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MACON

Project State

IL

Project Zip

62526-9778

CD

IL-13

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31098.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22272

Originating Lender

Peoples Bank & Trust

Originating Lender City

PANA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31267.85

Forgiveness Date

08/12/2021

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