PPP Loan information for Desert gate management, llc a california limited liability c

$1,364,100

Desert gate management, llc a california limited liability c was initially approved for PPP Loan of amount $1,364,100, the current approved amount is $1,364,100. The loan was approved on 04/05/2020 by The City National Bank reported 250 jobs and $1,364,100 was used to fund payroll.

Desert gate management, llc a california limited liability c is Existing or more than 2 years old

DESERT GATE MANAGEMENT, LLC A CALIFORNIA LIMITED LIABILITY C

Date Approved

04/05/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DESERT GATE MANAGEMENT, LLC A CALIFORNIA LIMITED LIABILITY C

Borrower Address

72-755 HIGHWAY 111

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92260-3310

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1364100.00

Current Approval Amount

1364100.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

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

92260-3310

CD

CA-41

Jobs Reported

250

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1091336.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

272764.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1379161.16

Forgiveness Date

05/26/2021

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