Pacific Hotel Development Venture, L.p.

$2,172,740 PPP Loan in Palo Alto, California

Loan Details

Loan Number
6522017209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,172,740
Current Approval
$2,172,740
Forgiveness Amount
$2,196,611
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pacific Hotel Development Venture, L.p.
Address
625 El Camino Real
ZIP Code
94301
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
188
Estimated Revenue
$58.8M
Rural/Urban
Urban
Congressional District
CA-16

Loan Use Breakdown

Payroll
$2,172,740

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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