Prayosha Hotels

$138,860 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
1599878505
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$138,860
Current Approval
$138,860
Forgiveness Amount
$140,534
Forgiveness Date
May 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Prayosha Hotels
Address
7401 Walton St
ZIP Code
61108-4607
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
La Quinta by Wyndham A.k.a. La Quinta Inn & Suites
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$138,857
Utilities
$1

Lender Information

Servicing Lender
Grinnell State Bank
Originating Lender
Grinnell State Bank

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