PPP Loan information for Char hotels. inc

$90,480

Char hotels. inc was initially approved for PPP Loan of amount $90,480, the current approved amount is $90,480. The loan was approved on 01/25/2021 by The Municipal Trust and Savings Bank reported 10 jobs and $90,480 was used to fund payroll.

Char hotels. inc is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Char hotels. inc

CHAR HOTELS. INC

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHAR HOTELS. INC

Borrower Address

839 Oak Ridge Blvd

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60120-9219

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90480.21

Current Approval Amount

90480.21

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

20352

Servicing Lender Name

Municipal Trust and Savings Bank

Servicing Lender Address

720 Main St NW

Servicing Lender City

BOURBONNAIS

Servicing Lender State

IL

Servicing Lender Zip

60914-2311

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

COOK

Project State

IL

Project Zip

60120-9219

CD

IL-03

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

90476.21

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

20352

Originating Lender

Municipal Trust and Savings Bank

Originating Lender City

BOURBONNAIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91153.78

Forgiveness Date

10/29/2021

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