PPP Loan information for Balboa bay club ventures llc

$2,000,000

Balboa bay club ventures llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/30/2021 by The Farmers & Merchants Bank of Long Beach reported 240 jobs and $2,000,000 was used to fund payroll.

Balboa bay club ventures llc is Existing or more than 2 years old

PPP Loan Search / CA / Newport Beach / Balboa bay club ventures llc

BALBOA BAY CLUB VENTURES LLC

Date Approved

04/30/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

BALBOA BAY CLUB VENTURES LLC

Borrower Address

1221 W Coast Hwy

Borrower City

Newport Beach

Borrower State

CA

Borrower Zip

92663-5026

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92663-5026

CD

CA-47

Jobs Reported

240

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2007123.29

Forgiveness Date

09/14/2021

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