PPP Loan information for Preferred hospitality, inc.

$1,031,300

Preferred hospitality, inc. was initially approved for PPP Loan of amount $1,031,300, the current approved amount is $1,031,300. The loan was approved on 04/05/2020 by The Loan Source Incorporated reported 77 jobs and $1,031,300 was used to fund payroll.

Preferred hospitality, inc. is Existing or more than 2 years old

PREFERRED HOSPITALITY, INC.

Date Approved

04/05/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

PREFERRED HOSPITALITY, INC.

Borrower Address

7119 INDIANA AVE

Borrower City

RIVERSIDE

Borrower State

CA

Borrower Zip

92504-4543

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1031300.00

Current Approval Amount

1031300.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVERSIDE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92504-4543

CD

CA-39

Jobs Reported

77

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4937.00

Payroll Proceed

996110.00

Mortgage Interest Proceed

0.00

Rent Proceed

24125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6128.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1043364.80

Forgiveness Date

06/16/2021

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