# PPP loan: WEGLARZ HOTEL V, LLC
> **$242K** approved 04/28/2020 · Paid in Full · Loan `8020807209`
## Borrower
- **Name:** WEGLARZ HOTEL V, LLC
- **Address:** 15255 S. 94th Ave Suite 305, ORLAND PARK, IL, 60462-3823
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 31
## 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*