Paradise Inn Motel of Champaign-Urbana, Inc.

$44,800 PPP Loan in Savoy, Illinois

Loan Details

Loan Number
7760747009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$44,800
Current Approval
$44,800
Forgiveness Amount
$45,115
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paradise Inn Motel of Champaign-Urbana, Inc.
Address
709 N Dunlap Ave
City
Savoy
ZIP Code
61874-8404
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Best Western - Membership Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$44,800

Lender Information

Servicing Lender
Prairie State Bank and Trust
Originating Lender
Prairie State Bank and Trust

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