PPP Loan information for Spectrum gateway hotels llc

$2,000,000

Spectrum gateway hotels llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/18/2021 by The PNC Bank, National Association reported 159 jobs and $2,000,000 was used to fund payroll.

Spectrum gateway hotels llc is Existing or more than 2 years old

SPECTRUM GATEWAY HOTELS LLC

Date Approved

03/18/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SPECTRUM GATEWAY HOTELS LLC

Borrower Address

7905 Irvine Center Dr 7905 Irvine Center Drive

Borrower City

Irvine

Borrower State

CA

Borrower Zip

92618-3207

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Marriott/JW Marriott

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvine

Project County Name

ORANGE

Project State

CA

Project Zip

92618-3207

CD

CA-47

Jobs Reported

159

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014222.22

Forgiveness Date

12/06/2021

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