PPP Loan information for Sagar hotels inc

$196,070

Sagar hotels inc was initially approved for PPP Loan of amount $196,070, the current approved amount is $196,070. The loan was approved on 01/21/2021 by The Commercial Bank of California reported 25 jobs and $196,070 was used to fund payroll.

Sagar hotels inc is Existing or more than 2 years old

SAGAR HOTELS INC

Date Approved

01/21/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SAGAR HOTELS INC

Borrower Address

16301 Beach Blvd

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92647-4102

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196070.45

Current Approval Amount

196070.45

Undisbursed Amount

0.00

Franchise Name

Comfort Suites by Choice Hotels

Servicing Lender Location Id

323687

Servicing Lender Name

Commercial Bank of California

Servicing Lender Address

19752 MacArthur Blvd, Ste 100

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-2409

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92647-4102

CD

CA-47

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

196066.45

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

Corporation

Originating Lender Location Id

323687

Originating Lender

Commercial Bank of California

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197348.94

Forgiveness Date

10/06/2021

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