540 WEST MADISON HOSPITALITY GROUP LLC (IL) - 2020 PPP Loan Borrower Profile (# 7348458304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 540 WEST MADISON HOSPITALITY GROUP 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

7348458304

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$204,644.02

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$207,088.38

Date Loan was Forgiven

Apr 11, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

204,643.02

Lender

Israel Discount Bank of New York

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Chicago, IL

Project Location

Chicago, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.