PPP Loan information for College of the desert foundation

$97,545

College of the desert foundation was initially approved for PPP Loan of amount $97,545, the current approved amount is $97,545. The loan was approved on 06/30/2020 by The WebBank reported 6 jobs and $97,545 was used to fund payroll.

College of the desert foundation is Existing or more than 2 years old

COLLEGE OF THE DESERT FOUNDATION

Date Approved

06/30/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

COLLEGE OF THE DESERT FOUNDATION

Borrower Address

43-500 Monterey Ave

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92260-9305

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97545.00

Current Approval Amount

97545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-9305

CD

CA-41

Jobs Reported

6

NAICS Code

541720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97545.00

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

Non-Profit Organization

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

98393.10

Forgiveness Date

05/11/2021

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