510 W42 HOTEL OPERATING LLC (IL) - 2020 PPP Loan Borrower Profile (# 5600797200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 510 W42 HOTEL OPERATING LLC. 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

5600797200

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$1,177,355

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$1,164,380.32

Date Loan was Forgiven

Jun 25, 2021

Loan Status

Paid in Full

Loan Term

39 Months

Payroll Proced

1,177,355

Lender

Tioga-Franklin Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

ORLAND PARK, IL

Project Location

ORLAND PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

117

Business Age Description

Unanswered

Data Source: SBA.