# PPP loan: HOTEL VENTURES MANAGEMENT OF IL INC.
> **$173K** approved 01/20/2021 · Paid in Full · Loan `1979698305`
## Borrower
- **Name:** HOTEL VENTURES MANAGEMENT OF IL INC.
- **Address:** 6450 6th Street Frontage Rd E Ste A, Springfield, IL, 62712-6875
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of Springfield
- **Servicing:** Bank of Springfield (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*