Newman Hospitality Incorporated

$2,000,000 PPP Loan in Hermosa Beach, California

Loan Details

Loan Number
4896278600
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,021,699
Forgiveness Date
Apr 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newman Hospitality Incorporated
Address
36 13th Ct
ZIP Code
90254-3543
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
495
Estimated Revenue
$87.9M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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