Sagemont-Banning LLC

$188,440 PPP Loan in Banning, California

Loan Details

Loan Number
2201628408
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$188,440
Current Approval
$188,440
Forgiveness Amount
$190,608
Forgiveness Date
Apr 19, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sagemont-Banning LLC
Address
6071 Joshua Palmer Way
ZIP Code
92220-3011
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hampton Inn
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
CA-25

Loan Use Breakdown

Payroll
$188,438
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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