Date Approved
02/19/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
PRAYOSHA HOTELS
Borrower Address
7401 Walton St
Borrower City
Rockford
Borrower State
IL
Borrower Zip
61108-4607
Loan Status Date
03/28/2023
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
138860.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
La Quinta by Wyndham a.k.a. La Quinta Inn & Suites
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
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
43
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
138857.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
140534.03
Forgiveness Date
05/03/2022