# PPP loan: KUMAR HOTELS, INC.
> **$392K** approved 03/18/2021 · Paid in Full · Loan `4400918610`
## Borrower
- **Name:** KUMAR HOTELS, INC.
- **Address:** 520 Adobe Rd, Red Bluff, CA, 96080-9623
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $392K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*