Cambridge Hospitality, Inc.

$116,500 PPP Loan in Cerritos, California

Loan Details

Loan Number
8997327102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$116,500
Current Approval
$116,500
Forgiveness Amount
$117,518
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cambridge Hospitality, Inc.
Address
16912 Gridley Place
ZIP Code
90703-1740
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Motel 6
Business Age
Existing or more than 2 years old
Jobs Reported
286
Estimated Revenue
$89.4M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$87,375
Rent
$20,000
Utilities
$9,125

Lender Information

Servicing Lender
Royal Business Bank
Originating Lender
Royal Business Bank

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