ADRIFT HOTELS, SPC (WA) - 2020 PPP Loan Borrower Profile (# 7021617110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADRIFT HOTELS, SPC. 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 Washington.

Loan Detail

Loan Number

7021617110

SBA Office Code

1013

Processing Method

PPP

Curent Loan Amount

$392,800

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$395,016.9

Date Loan was Forgiven

Nov 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

27,800

Payroll Proced

344,000

Rent Proceed

21,000

Lender

Bank of the Pacific

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

LONG BEACH, WA

Project Location

LONG BEACH, WA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.