As part of the Paycheck Protection Program PREFERRED HOTELS GROUP, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PREFERRED HOTELS GROUP, INC


Loan Amount	$3,838,918
BusinessName	PREFERRED HOTELS GROUP, INC
Address	23 Corporate Plaza Dr
City	NEWPORT BEACH
State	CA
Zip	92660
NAICSCode	561599
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/10/2020
Lender	Sunwest Bank
CD	CA-48
BusinessName.clean	PREFERRED HOTELS GROUP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PREFERRED INDUSTRIAL CONTRACTORS
PREFERRED MANAGING AGENCY
PREFERRED MECHANICAL
PREFERRED MEDICAL MARKETING
PREFERRED PARKING SERVICE