Date Approved
04/11/2020
SBA Office Code
0942
Processing Method
PPP
Borrower Name
MODERN HOSPITALITY, INC.
Borrower Address
2400 CAMINO DEL RIO CT
Borrower City
BAKERSFIELD
Borrower State
CA
Borrower Zip
93308-6256
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
183130.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
KERN
Project State
Project Zip
CD
CA-20
Jobs Reported
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
45782.00
Payroll Proceed
137348.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
90426
Originating Lender
Pacific Premier Bank
Originating Lender City
IRVINE
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
185703.85
Forgiveness Date
09/16/2021