PPP Loan information for Char hotels inc

$64,628

Char hotels inc was initially approved for PPP Loan of amount $64,628, the current approved amount is $64,628. The loan was approved on 04/14/2020 by The Municipal Trust and Savings Bank reported 11 jobs and $64,628 was used to fund payroll.

Char hotels inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Char hotels inc

CHAR HOTELS INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHAR HOTELS INC

Borrower Address

7392 Argus Dr

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61107

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64627.50

Current Approval Amount

64627.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20352

Servicing Lender Name

Municipal Trust and Savings Bank

Servicing Lender Address

720 Main St NW

Servicing Lender City

BOURBONNAIS

Servicing Lender State

IL

Servicing Lender Zip

60914-2311

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61107-1000

CD

IL-17

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64627.50

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

20352

Originating Lender

Municipal Trust and Savings Bank

Originating Lender City

BOURBONNAIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65376.10

Forgiveness Date

06/15/2021

;