PPP Loan information for Kb midvale hotel limited liability company

Date Approved

04/11/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

KB MIDVALE HOTEL LIMITED LIABILITY COMPANY

Borrower Address

7231 S. CATALPA RD

Borrower City

MIDVALE

Borrower State

UT

Borrower Zip

84047-7396

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98500.00

Current Approval Amount

98500.00

Undisbursed Amount

0.00

Franchise Name

La Quinta by Wyndham a.k.a. La Quinta Inn & Suites

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MIDVALE

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-7396

CD

UT-03

Jobs Reported

19

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

99436.42

Forgiveness Date

04/05/2021