Balboa Bay Club Ventures LLC

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

Loan Details

Loan Number
5357698908
Date Approved
Apr 30, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,007,123
Forgiveness Date
Sep 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Balboa Bay Club Ventures LLC
Address
1221 W Coast Hwy
ZIP Code
92663-5026
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
240
Estimated Revenue
$75.0M
Rural/Urban
Urban
Congressional District
CA-47

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

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

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