Hof's Hut Restaurant, Inc.

$10,000,000 PPP Loan in Signal Hill, California

Loan Details

Loan Number
7627127001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,131,781
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hof's Hut Restaurant, Inc.
Address
2601 E Willow St
ZIP Code
90755-2214
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$7,500,000
Rent
$1,441,300
Utilities
$389,600
Health Care
$569,100
Mortgage Interest
$100,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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