Formosa Hospitality INC
$97,400 PPP Loan in Troy, Illinois
Loan Details
- Loan Number
- 9623687301
- Date Approved
- May 2, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $97,400
- Current Approval
- $97,400
- Forgiveness Amount
- $98,098
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Formosa Hospitality INC
- Address
- 2011 Formosa Road
- City
- Troy
- State
- Illinois
- ZIP Code
- 62294-1111
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Holiday Inn Express (license Agreement)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- $5.6M
- Rural/Urban
- Urban
- Congressional District
- IL-15
Loan Use Breakdown
- Payroll
- $73,050
- Rent
- $12,175
- Utilities
- $12,175
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
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