Majestic Hotel Corp
$543,500 PPP Loan in Miami Beach, Florida
Loan Details
- Loan Number
- 6164297309
- Date Approved
- Apr 30, 2020
- Loan Status
- Charged Off
- Initial Approval
- $543,500
- Current Approval
- $543,500
- Forgiveness Amount
- $453,153
- Forgiveness Date
- Jan 12, 2022
- Term
- 2 months
- Draw
- First Draw
Business Information
- Business Name
- Majestic Hotel Corp
- Address
- 700 Ocean Dr
- City
- Miami Beach
- State
- Florida
- ZIP Code
- 33139-6220
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $18.4M
- Rural/Urban
- Urban
- Congressional District
- FL-24
Loan Use Breakdown
- Payroll
- $407,625
- Utilities
- $135,875
Lender Information
- Servicing Lender
- City National Bank of Florida
- Originating Lender
- City National Bank of Florida
Other PPP Loans in Miami Beach, FL
| Business | Approved | |
|---|---|---|
| Boucher Brothers Management INC | $4,988,544 | |
| Joe's Stone Crab, Inc. | $4,950,000 | |
| 1701 Miami (operator), LLC | $3,903,500 | |
| Di Lido Beach Resort LLC | $3,472,300 | |
| Morgans Hotel Group Management LLC | $2,796,012 |
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