Petersen Hotels LLC

$622,020 PPP Loan in Peoria, Illinois

Loan Details

Loan Number
3716938400
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$622,020
Current Approval
$622,020
Forgiveness Amount
$631,817
Forgiveness Date
Sep 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Petersen Hotels LLC
Address
830 W Trailcreek Dr
City
Peoria
ZIP Code
61614-1862
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$36.9M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$622,019

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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