PPP Loan information for Burton way hotels llc

$2,000,000

Burton way hotels 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 03/02/2021 by The East West Bank reported 174 jobs and $2,000,000 was used to fund payroll.

Burton way hotels llc is Existing or more than 2 years old

PPP Loan Search / CA / Los Angeles / Burton way hotels llc

BURTON WAY HOTELS LLC

Date Approved

03/02/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

BURTON WAY HOTELS LLC

Borrower Address

300 S Doheny Dr

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90048-3704

Loan Status Date

09/16/2022

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

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90048-3704

CD

CA-30

Jobs Reported

174

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2029833.33

Forgiveness Date

08/24/2022

;