PPP Loan information for Majestic hotel corp

$765,675

Majestic hotel corp was initially approved for PPP Loan of amount $765,674, the current approved amount is $765,675. The loan was approved on 01/26/2021 by The City National Bank of Florida reported 71 jobs and $765,675 was used to fund payroll.

Majestic hotel corp is Existing or more than 2 years old

PPP Loan Search / FL / Miami Beach / Majestic hotel corp

MAJESTIC HOTEL CORP

Date Approved

01/26/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAJESTIC HOTEL CORP

Borrower Address

700 Ocean Dr

Borrower City

Miami Beach

Borrower State

FL

Borrower Zip

33139-6220

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

765674.00

Current Approval Amount

765674.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-6220

CD

FL-24

Jobs Reported

71

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

765670.67

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

Subchapter S Corporation

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

772806.31

Forgiveness Date

01/11/2022

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