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
- City
- Mundelein
- State
- Illinois
- 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
Other PPP Loans in Mundelein, IL
| Business | Approved | |
|---|---|---|
| Certified Power, Inc. | $7,211,633 | |
| Carmel Catholic High School | $2,187,000 | |
| Professional Business Providers INC | $2,125,000 | |
| Larsen Manufacturing LLC | $2,104,928 | |
| Larsen Manufacturing LLC | $2,000,000 |
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