Formosa Hotel INC

$210,525 PPP Loan in Hermosa Beach, California

Loan Details

Loan Number
7357697704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$210,525
Current Approval
$210,525
Forgiveness Amount
$211,707
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Formosa Hotel INC
Address
125 Pacific Hwy
ZIP Code
90254
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$210,525

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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