# PPP loan: AMERICAN LODGING CORPORATION
> **$185K** approved 04/07/2020 · Paid in Full · Loan `7156457009`
## Borrower
- **Name:** AMERICAN LODGING CORPORATION
- **Address:** 142 W. Station Street, BARRINGTON, IL, 60010-4304
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 10
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*