PPP Loan information for American lodging corporation

$184,500

American lodging corporation was initially approved for PPP Loan of amount $184,500, the current approved amount is $184,500. The loan was approved on 04/07/2020 by The CIBC Bank USA reported 10 jobs and $184,500 was used to fund payroll.

American lodging corporation is Existing or more than 2 years old

AMERICAN LODGING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN LODGING CORPORATION

Borrower Address

142 W. Station Street

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010-4304

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184500.00

Current Approval Amount

184500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRINGTON

Project County Name

LAKE

Project State

IL

Project Zip

60010-4304

CD

IL-05

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184500.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186329.84

Forgiveness Date

04/08/2021

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