Grove Hotel, LLC

$181,300 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
2513118505
Date Approved
Feb 20, 2021
Loan Status
Paid in Full
Initial Approval
$181,300
Current Approval
$181,300
Forgiveness Amount
$183,183
Forgiveness Date
Mar 10, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Grove Hotel, LLC
Address
3031 Finley Rd
ZIP Code
60515-1117
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$181,294
Utilities
$1

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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