PPP Loan information for Desert arc

$1,867,600

Desert arc was initially approved for PPP Loan of amount $1,867,600, the current approved amount is $1,867,600. The loan was approved on 04/11/2020 by The CRF Small Business Loan Company, LLC reported 324 jobs and $1,867,600 was used to fund payroll.

Desert arc is Existing or more than 2 years old

PPP Loan Search / CA / Palm Desert / Desert arc

DESERT ARC

Date Approved

04/11/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DESERT ARC

Borrower Address

73255 Country Club Dr

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92260-2309

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1867600.00

Current Approval Amount

1867600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

484528

Servicing Lender Name

CRF Small Business Loan Company, LLC

Servicing Lender Address

801 Nicollet Mall Suite 1700 West

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-2309

CD

CA-41

Jobs Reported

324

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1867600.00

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

484528

Originating Lender

CRF Small Business Loan Company, LLC

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1885457.33

Forgiveness Date

04/06/2021

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