Ram Hotel Group INC

$73,682 PPP Loan in Urbana, Illinois

Loan Details

Loan Number
3666778401
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$73,682
Current Approval
$73,682
Forgiveness Amount
$74,197
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ram Hotel Group INC
Address
1908 N Lincoln Ave
City
Urbana
ZIP Code
61801-1025
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Econo Lodge by Choice Hotels/econo Lodge Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$73,682

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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