Grace Hotels LLC

$106,445 PPP Loan in Geneva, Illinois

Loan Details

Loan Number
5465107003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$106,445
Current Approval
$106,445
Forgiveness Amount
$107,504
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grace Hotels LLC
Address
3223 Border Road
City
Geneva
ZIP Code
60134-4714
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
16
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$79,834
Utilities
$13,306
Mortgage Interest
$13,306

Lender Information

Servicing Lender
Northbrook Bank & Trust Company, National Association
Originating Lender
Northbrook Bank & Trust Company, National Association

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