Olde Towne Inn
$40,969 PPP Loan in Elgin, Illinois
Loan Details
- Loan Number
- 6046287403
- Date Approved
- May 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $40,969
- Current Approval
- $40,969
- Forgiveness Amount
- $41,369
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Olde Towne Inn
- Address
- 412 Bluff City Boulevard
- City
- Elgin
- State
- Illinois
- ZIP Code
- 60120
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $30,727
- Utilities
- $5,121
- Mortgage Interest
- $5,121
Lender Information
- Servicing Lender
- Square Capital, LLC
- Originating Lender
- Celtic Bank Corporation
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