Kumar Hotels, Inc.

$391,510 PPP Loan in Red Bluff, California

Loan Details

Loan Number
4400918610
Date Approved
Mar 18, 2021
Loan Status
Paid in Full
Initial Approval
$391,510
Current Approval
$391,510
Forgiveness Amount
$393,652
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Kumar Hotels, Inc.
Address
520 Adobe Rd
ZIP Code
96080-9623
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hampton Inn
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$28.1M
Rural/Urban
Rural
Congressional District
CA-01

Loan Use Breakdown

Payroll
$391,509
Utilities
$1

Lender Information

Servicing Lender
Mechanics Bank
Originating Lender
Mechanics Bank

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