Hotel Ventures Management of Illinois, INC

$172,967 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
9910387003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$172,967
Current Approval
$172,967
Forgiveness Amount
$174,336
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hotel Ventures Management of Illinois, INC
Address
6450 S 6th Street Road Suite a
ZIP Code
62712
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$129,726
Mortgage Interest
$43,241

Lender Information

Servicing Lender
Bank & Trust Company
Originating Lender
Bank & Trust Company

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