PPP Loan information for Desert electric ltd co

$12,016

Desert electric ltd co was initially approved for PPP Loan of amount $12,016, the current approved amount is $12,016. The loan was approved on 07/13/2020 by The Bank of America, National Association reported 3 jobs and $12,016 was used to fund payroll.

Desert electric ltd co is Existing or more than 2 years old

PPP Loan Search / NM / CHAPARRAL / Desert electric ltd co

DESERT ELECTRIC LTD CO

Date Approved

07/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

DESERT ELECTRIC LTD CO

Borrower Address

548 PALOMA BLANCA DR

Borrower City

CHAPARRAL

Borrower State

NM

Borrower Zip

88081-7821

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12016.00

Current Approval Amount

12016.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHAPARRAL

Project County Name

DONA ANA

Project State

NM

Project Zip

88081-7821

CD

NM-02

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12016.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12095.01

Forgiveness Date

03/11/2021

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