PPP Loan information for Marquis hotels llc

$473,300

Marquis hotels llc was initially approved for PPP Loan of amount $473,300, the current approved amount is $473,300. The loan was approved on 04/04/2020 by The Farmers State Bank of Alto Pass, Illinois reported 67 jobs and $473,300 was used to fund payroll.

Marquis hotels llc is New Business or 2 years or less

MARQUIS HOTELS LLC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARQUIS HOTELS LLC

Borrower Address

800 IL ROUTE 31

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-8226

Loan Status Date

05/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473300.00

Current Approval Amount

473300.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-8226

CD

IL-09

Jobs Reported

67

NAICS Code

999990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

59420.00

Payroll Proceed

373350.00

Mortgage Interest Proceed

32850.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7680.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

477916.30

Forgiveness Date

04/06/2021

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