Grove Hotel, LLC

$128,800 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
2058147101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$128,800
Current Approval
$128,800
Forgiveness Amount
$129,862
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grove Hotel, LLC
Address
3031 Finley Road
ZIP Code
60515-1117
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
New Business or 2 years or less
Jobs Reported
20
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$128,800

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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