Padco Hospitality INC

$107,100 PPP Loan in Cerritos, California

Loan Details

Loan Number
9187907102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$107,100
Current Approval
$107,100
Forgiveness Amount
$108,312
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Padco Hospitality INC
Address
16912 Gridley Place
ZIP Code
90703-1740
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Travelodge by Wyndham
Business Age
New Business or 2 years or less
Jobs Reported
241
Estimated Revenue
$75.4M
Rural/Urban
Urban
Congressional District
CA-29

Loan Use Breakdown

Payroll
$80,325
Rent
$23,000
Utilities
$3,775

Lender Information

Servicing Lender
Royal Business Bank
Originating Lender
Royal Business Bank

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