PPP Loan information for Grove hotel, llc

$181,300

Grove hotel, llc was initially approved for PPP Loan of amount $181,300, the current approved amount is $181,300. The loan was approved on 02/20/2021 by The Peoples Bank reported 12 jobs and $181,300 was used to fund payroll.

Grove hotel, llc is Existing or more than 2 years old

PPP Loan Search / IL / Downers Grove / Grove hotel, llc

GROVE HOTEL, LLC

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GROVE HOTEL, LLC

Borrower Address

3031 Finley Rd

Borrower City

Downers Grove

Borrower State

IL

Borrower Zip

60515-1117

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181300.00

Current Approval Amount

181300.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Downers Grove

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-1117

CD

IL-06

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

181294.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183182.54

Forgiveness Date

03/10/2022

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