PPP Loan information for Deseret laboratories inc

$1,775,775

Deseret laboratories inc was initially approved for PPP Loan of amount $1,775,775, the current approved amount is $1,775,775. The loan was approved on 02/25/2021 by The Cache Valley Bank reported 194 jobs and $1,775,775 was used to fund payroll.

Deseret laboratories inc is Existing or more than 2 years old

DESERET LABORATORIES INC

Date Approved

02/25/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

DESERET LABORATORIES INC

Borrower Address

1414 E 3850 S

Borrower City

Saint George

Borrower State

UT

Borrower Zip

84790-6233

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1775775.00

Current Approval Amount

1775775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint George

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-6233

CD

UT-02

Jobs Reported

194

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1775773.00

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

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1798564.11

Forgiveness Date

06/08/2022

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