Galesburg Hotel LLC

$119,836 PPP Loan in Riverwoods, Illinois

Loan Details

Loan Number
4550698306
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$119,836
Current Approval
$119,836
Forgiveness Amount
$121,407
Forgiveness Date
May 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Galesburg Hotel LLC
Address
2610 Lake Cook Rd Ste 100
ZIP Code
60015-5710
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
20
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$119,831
Utilities
$1

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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