PPP Loan information for Romasanta family beach motel

$690,316

Romasanta family beach motel was initially approved for PPP Loan of amount $690,316, the current approved amount is $690,316. The loan was approved on 02/03/2021 by The Community West Bank, National Association reported 79 jobs and $690,316 was used to fund payroll.

Romasanta family beach motel is Existing or more than 2 years old

ROMASANTA FAMILY BEACH MOTEL

Date Approved

02/03/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ROMASANTA FAMILY BEACH MOTEL

Borrower Address

3324 State St Ste D

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93105-2669

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

690315.50

Current Approval Amount

690315.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112922

Servicing Lender Name

Community West Bank, National Association

Servicing Lender Address

5827 Hollister Ave

Servicing Lender City

GOLETA

Servicing Lender State

CA

Servicing Lender Zip

93117-3631

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Barbara

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93105-2669

CD

CA-24

Jobs Reported

79

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

690312.50

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

Partnership

Originating Lender Location Id

112922

Originating Lender

Community West Bank, National Association

Originating Lender City

GOLETA

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

696121.72

Forgiveness Date

12/09/2021

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