Newport Center Hotel LLC

$2,923,778 PPP Loan in Newport Beach, California

Loan Details

Loan Number
2510788904
Date Approved
Apr 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,923,778
Current Approval
$2,923,778
Forgiveness Amount
$2,948,770
Forgiveness Date
May 11, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Newport Center Hotel LLC
Address
900 Newport Center Dr
ZIP Code
92660-6206
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Marriott/jw Marriott
Business Age
Existing or more than 2 years old
Jobs Reported
382
Estimated Revenue
$119.4M
Rural/Urban
Urban
Congressional District
CA-47

Loan Use Breakdown

Payroll
$2,923,772
Utilities
$1

Lender Information

Servicing Lender
Farmers & Merchants Bank of Long Beach
Originating Lender
Farmers & Merchants Bank of Long Beach

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