GUAM REEF HOTEL INC (GU) - 2020 PPP Loan Borrower Profile (# 1585108507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GUAM REEF HOTEL INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Guam.

Loan Detail

Loan Number

1585108507

SBA Office Code

0951

Processing Method

PPS

Curent Loan Amount

$1,047,494

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$1,055,670.27

Date Loan was Forgiven

Dec 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,047,491

Lender

First Hawaiian Bank

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

Tamuning, GU

Project Location

Tamuning, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.