Date Approved
04/10/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
GROVE HOTEL, LLC
Borrower Address
3031 finley road
Borrower City
DOWNERS GROVE
Borrower State
IL
Borrower Zip
60515-1117
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
128800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Holiday Inn Express (License Agreement)
Servicing Lender Location Id
81983
Servicing Lender Name
Peoples Bank
Servicing Lender Address
9204 Columbia Ave
Servicing Lender City
MUNSTER
Servicing Lender State
IN
Servicing Lender Zip
46321-3570
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
DUPAGE
Project State
Project Zip
CD
IL-06
Jobs Reported
20
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
129862.16
Forgiveness Date
02/16/2021