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Richland Motels INC

$94,900 PPP Loan in Olney, Illinois

Loan Details

Loan Number
2408358407
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$94,900
Current Approval
$94,900
Forgiveness Amount
$95,217
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Richland Motels INC
Address
1300 S West St
City
Olney
State
Illinois
ZIP Code
62450-1323
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$94,900

Lender Information

Servicing Lender
Trustbank
Originating Lender
Trustbank

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