PPP Loan information for American motels inc.

$62,000

American motels inc. was initially approved for PPP Loan of amount $62,000, the current approved amount is $62,000. The loan was approved on 04/07/2020 by The Byline Bank reported 10 jobs and $62,000 was used to fund payroll.

American motels inc. is Existing or more than 2 years old

PPP Loan Search / IL / LANSING / American motels inc.

AMERICAN MOTELS INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN MOTELS INC.

Borrower Address

17301 Oak Ave

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438-1038

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62000.00

Current Approval Amount

62000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-1038

CD

IL-02

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62000.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62401.28

Forgiveness Date

12/09/2020

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