Custom House Hotel, L.p. DBA Portola Hotel & Spa

$3,085,257 PPP Loan in Monterey, California

Loan Details

Loan Number
2252257702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$3,085,257
Current Approval
$3,085,257
Forgiveness Amount
$1,125,174
Forgiveness Date
Dec 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Custom House Hotel, L.p. DBA Portola Hotel & Spa
Address
2 Portola Plz
ZIP Code
93940
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721191)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$156.3M
Rural/Urban
Urban
Congressional District
CA-19

Loan Use Breakdown

Payroll
$2,468,685
Utilities
$155,000
Health Care
$217,572
Mortgage Interest
$244,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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