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
- City
- Newport Beach
- State
- California
- 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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|---|---|---|
| Mobilitie Management | $5,844,970 | |
| Bld Brands, LLC | $5,376,800 | |
| Olen Properties Corp. | $5,371,920 | |
| Bremer Whyte Brown & O'meara LLP | $5,104,400 | |
| Premier Contractors INC | $4,550,000 |
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