PPP Loan information for Petersen hotels llc

$622,020

Petersen hotels llc was initially approved for PPP Loan of amount $622,020, the current approved amount is $622,020. The loan was approved on 02/05/2021 by The Morton Community Bank reported 118 jobs and $622,020 was used to fund payroll.

Petersen hotels llc is Existing or more than 2 years old

PPP Loan Search / IL / Peoria / Petersen hotels llc

PETERSEN HOTELS LLC

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PETERSEN HOTELS LLC

Borrower Address

830 W Trailcreek Dr

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61614-1862

Loan Status Date

10/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

622020.00

Current Approval Amount

622020.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61614-1862

CD

IL-16

Jobs Reported

118

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

622019.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

631816.81

Forgiveness Date

09/02/2022

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