PPP Loan information for Elite hotels llc

$86,055

Elite hotels llc was initially approved for PPP Loan of amount $86,055, the current approved amount is $86,055. The loan was approved on 04/07/2020 by The Grinnell State Bank reported 17 jobs and $86,055 was used to fund payroll.

Elite hotels llc is Existing or more than 2 years old

ELITE HOTELS LLC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ELITE HOTELS LLC

Borrower Address

13339 Hospitality Ct

Borrower City

MOUNT PLEASANT

Borrower State

WI

Borrower Zip

53177-1531

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86055.00

Current Approval Amount

86055.00

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

RACINE

Project State

WI

Project Zip

53177-1531

CD

WI-01

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4303.00

Payroll Proceed

68844.00

Mortgage Interest Proceed

12908.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86817.54

Forgiveness Date

03/10/2021

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