Malhi Motels LLC

$68,900 PPP Loan in Susanville, California

Loan Details

Loan Number
1580477409
Date Approved
May 4, 2020
Loan Status
Paid in Full
Initial Approval
$68,900
Current Approval
$68,900
Forgiveness Amount
$70,307
Forgiveness Date
May 26, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Malhi Motels LLC
Address
2785 Main Street
ZIP Code
96130
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
CA-01

Loan Use Breakdown

Payroll
$51,675
Rent
$8,613
Utilities
$8,612

Lender Information

Servicing Lender
Fountainhead Sbf LLC
Originating Lender
Greater Nevada Cu

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