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Litchfield Motel INC

$51,200 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
1152738306
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$51,200
Current Approval
$51,200
Forgiveness Amount
$51,614
Forgiveness Date
Nov 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Litchfield Motel INC
Address
1585 Dundee Ave
City
Elgin
State
Illinois
ZIP Code
60120-1602
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$51,197
Utilities
$1

Lender Information

Servicing Lender
American Community Bank & Trust
Originating Lender
American Community Bank & Trust

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