PPP Loan information for Prospect hospitality inc

$177,000

Prospect hospitality inc was initially approved for PPP Loan of amount $177,417, the current approved amount is $177,000. The loan was approved on 04/09/2020 by The Hanmi Bank reported 76 jobs and $177,000 was used to fund payroll.

Prospect hospitality inc is Existing or more than 2 years old

PROSPECT HOSPITALITY INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PROSPECT HOSPITALITY INC

Borrower Address

1090 S MILWAUKEE AVE

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-6376

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177417.00

Current Approval Amount

177000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5597

Servicing Lender Name

Hanmi Bank

Servicing Lender Address

3660 Wilshire Blvd, PH-A

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010-2719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-6376

CD

IL-10

Jobs Reported

76

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177000.00

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

5597

Originating Lender

Hanmi Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178842.74

Forgiveness Date

05/10/2021

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