PPP Loan information for Alsip hospitality inc.

$54,317

Alsip hospitality inc. was initially approved for PPP Loan of amount $54,317, the current approved amount is $54,317. The loan was approved on 04/13/2020 by The State Bank of Texas reported 11 jobs and $54,317 was used to fund payroll.

Alsip hospitality inc. is Existing or more than 2 years old

ALSIP HOSPITALITY INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALSIP HOSPITALITY INC.

Borrower Address

5150 W 127th Street

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-3236

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54317.00

Current Approval Amount

54317.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

111946

Servicing Lender Name

State Bank of Texas

Servicing Lender Address

11950 Webb Chapel Rd

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75234-7724

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-3236

CD

IL-06

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10317.00

Payroll Proceed

44000.00

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

Subchapter S Corporation

Originating Lender Location Id

111946

Originating Lender

State Bank of Texas

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54664.03

Forgiveness Date

12/09/2020

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