157 HOSPITALITY INC (IL) - 2020 PPP Loan Borrower Profile (# 1090787405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 157 HOSPITALITY INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

1090787405

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$71,500

Date Loan was Approved

May 3, 2020

Amount Forgiven

$72,012.42

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,937

Payroll Proced

53,625

Rent Proceed

8,938

Lender

First Mid Bank & Trust, National Association

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

EDWARDSVILLE, IL

Project Location

EDWARDSVILLE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.