Date Approved
02/19/2021
SBA Office Code
0920
Processing Method
PPS
Borrower Name
BEG HOSPITALITY INC
Borrower Address
74360 Highway 111
Borrower City
Palm Desert
Borrower State
CA
Borrower Zip
92260-4140
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
43375.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
6042
Servicing Lender Name
Mechanics Bank
Servicing Lender Address
1111 Civic Dr
Servicing Lender City
WALNUT CREEK
Servicing Lender State
Servicing Lender Zip
94596-3895
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RIVERSIDE
Project State
Project Zip
CD
CA-41
Jobs Reported
10
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
43373.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
43600.81
Forgiveness Date
08/26/2021