PPP Loan information for Newport hotel holding llc

$1,051,100

Newport hotel holding llc was initially approved for PPP Loan of amount $1,051,100, the current approved amount is $1,051,100. The loan was approved on 01/29/2021 by The Bank of Hope reported 120 jobs and $1,051,100 was used to fund payroll.

Newport hotel holding llc is Existing or more than 2 years old

PPP Loan Search / CA / Newport Beach / Newport hotel holding llc

NEWPORT HOTEL HOLDING LLC

Date Approved

01/29/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

NEWPORT HOTEL HOLDING LLC

Borrower Address

4545 MacArthur Blvd

Borrower City

Newport Beach

Borrower State

CA

Borrower Zip

92660-2022

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1051100.00

Current Approval Amount

1051100.00

Undisbursed Amount

0.00

Franchise Name

Hyatt Regency

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

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

92660-2022

CD

CA-47

Jobs Reported

120

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1051095.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1060459.11

Forgiveness Date

01/03/2022

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