PPP Loan information for Wilshire royale hotel inc

$480,140

Wilshire royale hotel inc was initially approved for PPP Loan of amount $480,140, the current approved amount is $480,140. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 49 jobs and $480,140 was used to fund payroll.

Wilshire royale hotel inc is New Business or 2 years or less

PPP Loan Search / CA / BURBANK / Wilshire royale hotel inc

WILSHIRE ROYALE HOTEL INC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

WILSHIRE ROYALE HOTEL INC

Borrower Address

2011 W OLIVE AVE

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91506-2641

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480140.00

Current Approval Amount

480140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91506-2641

CD

CA-30

Jobs Reported

49

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

480140.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

483954.81

Forgiveness Date

02/19/2021

;