PPP Loan information for Kb midvale hotel llc

$106,872

Kb midvale hotel llc was initially approved for PPP Loan of amount $109,200, the current approved amount is $106,872. The loan was approved on 01/27/2021 by The Bank of Hope reported 14 jobs and $106,872 was used to fund payroll.

Kb midvale hotel llc is Existing or more than 2 years old

KB MIDVALE HOTEL LLC

Date Approved

01/27/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

KB MIDVALE HOTEL LLC

Borrower Address

7231 S Catalpa Rd

Borrower City

Midvale

Borrower State

UT

Borrower Zip

84047-7396

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109200.00

Current Approval Amount

106872.00

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

Existing or more than 2 years old

Project City

Midvale

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-7396

CD

UT-03

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106870.00

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

Non-Veteran

Non Profit

Forgiveness Amount

107656.70

Forgiveness Date

10/27/2021

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