Fairmont Hospitality, Inc.

$130,400 PPP Loan in Cerritos, California

Loan Details

Loan Number
9032097103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$130,400
Current Approval
$130,400
Forgiveness Amount
$131,579
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fairmont Hospitality, Inc.
Address
16912 Gridley Place
ZIP Code
90703-1740
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
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
$97,800
Rent
$25,000
Utilities
$7,600

Lender Information

Servicing Lender
Royal Business Bank
Originating Lender
Royal Business Bank

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