Date Approved
01/23/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
M&M MOTEL INC
Borrower Address
7646 Colosseum Dr
Borrower City
Rockford
Borrower State
IL
Borrower Zip
61107-5811
Loan Status Date
08/11/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
35000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Super 8 by Wyndhan
Servicing Lender Location Id
22671
Servicing Lender Name
Stillman BancCorp N.A.
Servicing Lender Address
101 E Main St
Servicing Lender City
STILLMAN VALLEY
Servicing Lender State
Servicing Lender Zip
61084-9027
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
CD
IL-16
Jobs Reported
4
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
34998.00
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
Veteran
Non Profit
Forgiveness Amount
35166.25
Forgiveness Date
07/20/2021