Marina Pacific Hotel and Suites, LLC

$1,285,000 PPP Loan in Venice, California

Loan Details

Loan Number
6833227003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,285,000
Current Approval
$1,285,000
Forgiveness Amount
$1,295,667
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marina Pacific Hotel and Suites, LLC
Address
1697 Pacific Ave
City
Venice
ZIP Code
90291-3613
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$36.9M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$900,000
Utilities
$85,000
Mortgage Interest
$300,000

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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