PPP Loan information for Preferred hospitality inc.

$1,518,118

Preferred hospitality inc. was initially approved for PPP Loan of amount $1,518,118, the current approved amount is $1,518,118. The loan was approved on 03/03/2021 by The Loan Source Incorporated reported 72 jobs and $1,518,118 was used to fund payroll.

Preferred hospitality inc. is Existing or more than 2 years old

PPP Loan Search / CA / Riverside / Preferred hospitality inc.

PREFERRED HOSPITALITY INC.

Date Approved

03/03/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

PREFERRED HOSPITALITY INC.

Borrower Address

7119 Indiana Ave

Borrower City

Riverside

Borrower State

CA

Borrower Zip

92504-4543

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1518118.00

Current Approval Amount

1518118.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Riverside

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92504-4543

CD

CA-39

Jobs Reported

72

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1518113.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1530595.68

Forgiveness Date

01/04/2022

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