PPP Loan information for Pacific rim associates i, inc. dba: regency fairbanks hotel

Date Approved

04/04/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

PACIFIC RIM ASSOCIATES I, INC. DBA: REGENCY FAIRBANKS HOTEL

Borrower Address

981 Van Horn Road

Borrower City

FAIRBANKS

Borrower State

AK

Borrower Zip

99701-7547

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172000.00

Current Approval Amount

172000.00

Undisbursed Amount

0.00

Franchise Name

Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice Hotels/Clarion Pointe by Choice Hotels

Servicing Lender Location Id

3498

Servicing Lender Name

Mt. McKinley Bank

Servicing Lender Address

500 Fourth Ave

Servicing Lender City

FAIRBANKS

Servicing Lender State

AK

Servicing Lender Zip

99701-4714

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRBANKS

Project County Name

FAIRBANKS NORTH STAR

Project State

AK

Project Zip

99701-7547

CD

AK-

Jobs Reported

39

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172000.00

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

Subchapter S Corporation

Originating Lender Location Id

3498

Originating Lender

Mt. McKinley Bank

Originating Lender City

FAIRBANKS

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173376.00

Forgiveness Date

02/02/2021