PPP Loan information for Majestic inn llc

$467,067

Majestic inn llc was initially approved for PPP Loan of amount $467,067, the current approved amount is $467,067. The loan was approved on 02/17/2021 by The Bank of the Pacific reported 36 jobs and $467,067 was used to fund payroll.

Majestic inn llc is Existing or more than 2 years old

MAJESTIC INN LLC

Date Approved

02/17/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MAJESTIC INN LLC

Borrower Address

419 Commercial Ave

Borrower City

Anacortes

Borrower State

WA

Borrower Zip

98221-1518

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467067.00

Current Approval Amount

467067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74177

Servicing Lender Name

Bank of the Pacific

Servicing Lender Address

1216 Skyview Dr

Servicing Lender City

ABERDEEN

Servicing Lender State

WA

Servicing Lender Zip

98520-1067

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anacortes

Project County Name

SKAGIT

Project State

WA

Project Zip

98221-1518

CD

WA-02

Jobs Reported

36

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

467063.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

74177

Originating Lender

Bank of the Pacific

Originating Lender City

ABERDEEN

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

472364.69

Forgiveness Date

04/11/2022

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