PPP Loan information for Jay swami motel inc

$68,905

Jay swami motel inc was initially approved for PPP Loan of amount $68,905, the current approved amount is $68,905. The loan was approved on 02/12/2021 by The Grinnell State Bank reported 9 jobs and $68,905 was used to fund payroll.

Jay swami motel inc is Existing or more than 2 years old

PPP Loan Search / IL / Joliet / Jay swami motel inc

JAY SWAMI MOTEL INC

Date Approved

02/12/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JAY SWAMI MOTEL INC

Borrower Address

1520 Commerce Ln

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60431-9231

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68905.00

Current Approval Amount

68905.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

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

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60431-9231

CD

IL-14

Jobs Reported

9

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68899.00

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

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69316.52

Forgiveness Date

09/21/2021

;