Shanti Rav Hospitality

$67,500 PPP Loan in Mundelein, Illinois

Loan Details

Loan Number
4452507110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$67,500
Current Approval
$67,500
Forgiveness Amount
$68,100
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shanti Rav Hospitality
Address
517 E. Il Hwy 83
ZIP Code
60060-4250
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Baymont by Wyndham Aka Baymont Inn & Suites
Business Age
New Business or 2 years or less
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$60,000
Utilities
$2,500
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Grinnell State Bank
Originating Lender
Grinnell State Bank

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