PPP Loan information for Adrift hotels, spc

$392,800

Adrift hotels, spc was initially approved for PPP Loan of amount $425,000, the current approved amount is $392,800. The loan was approved on 04/14/2020 by The Bank of the Pacific reported 43 jobs and $392,800 was used to fund payroll.

Adrift hotels, spc is Existing or more than 2 years old

PPP Loan Search / WA / LONG BEACH / Adrift hotels, spc

ADRIFT HOTELS, SPC

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

ADRIFT HOTELS, SPC

Borrower Address

409 Sid Snyder Dr

Borrower City

LONG BEACH

Borrower State

WA

Borrower Zip

98631-3903

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

392800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74177

Servicing Lender Name

Bank of the Pacific

Servicing Lender Address

1216 Skyview Dr

Servicing Lender City

ABERDEEN

Servicing Lender State

WA

Servicing Lender Zip

98520-1067

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

PACIFIC

Project State

WA

Project Zip

98631-3903

CD

WA-03

Jobs Reported

43

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27800.00

Payroll Proceed

344000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74177

Originating Lender

Bank of the Pacific

Originating Lender City

ABERDEEN

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

395016.90

Forgiveness Date

11/10/2020

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