Formosa Hotel Inc.
$294,735 PPP Loan in Hermosa Beach, California
Loan Details
- Loan Number
- 4592948405
- Date Approved
- Feb 6, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $294,735
- Current Approval
- $294,735
- Forgiveness Amount
- $297,610
- Forgiveness Date
- Feb 2, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Formosa Hotel Inc.
- Address
- 125 Pacific Coast Hwy
- City
- Hermosa Beach
- State
- California
- ZIP Code
- 90254-5356
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 17
- Estimated Revenue
- $5.3M
- Rural/Urban
- Urban
- Congressional District
- CA-36
Loan Use Breakdown
- Payroll
- $294,733
- Utilities
- $1
Lender Information
- Servicing Lender
- Cathay Bank
- Originating Lender
- Cathay Bank
Other PPP Loans in Hermosa Beach, CA
| Business | Approved | |
|---|---|---|
| Carasmatic Productions INC | $4,284,650 | |
| Newman Hospitality Incorporated | $2,481,555 | |
| Newman Hospitality Incorporated | $2,000,000 | |
| Ortega National Parks LLC | $2,000,000 | |
| Behavior and Education Inc. | $1,718,395 |
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