PPP Loan information for Newport hotel venture inc

$155,800

Newport hotel venture inc was initially approved for PPP Loan of amount $155,800, the current approved amount is $155,800. The loan was approved on 01/27/2021 by The Bank of Hope reported 18 jobs and $155,800 was used to fund payroll.

Newport hotel venture inc is Existing or more than 2 years old

PPP Loan Search / CA / Costa Mesa / Newport hotel venture inc

NEWPORT HOTEL VENTURE INC

Date Approved

01/27/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

NEWPORT HOTEL VENTURE INC

Borrower Address

2274 Newport Blvd

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92627-1751

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155800.00

Current Approval Amount

155800.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Costa Mesa

Project County Name

ORANGE

Project State

CA

Project Zip

92627-1751

CD

CA-47

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155799.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157772.04

Forgiveness Date

05/17/2022

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