PPP Loan information for Desert rain lounge inc

$20,622

Desert rain lounge inc was initially approved for PPP Loan of amount $20,622, the current approved amount is $20,622. The loan was approved on 05/15/2021 by The Customers Bank reported 5 jobs and $20,622 was used to fund payroll.

Desert rain lounge inc is Existing or more than 2 years old

PPP Loan Search / NY / Forest Hills / Desert rain lounge inc

DESERT RAIN LOUNGE INC

Date Approved

05/15/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

DESERT RAIN LOUNGE INC

Borrower Address

10729 Metropolitan Ave N/A

Borrower City

Forest Hills

Borrower State

NY

Borrower Zip

11375-6858

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20622.00

Current Approval Amount

20622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest Hills

Project County Name

QUEENS

Project State

NY

Project Zip

11375-6858

CD

NY-06

Jobs Reported

5

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20618.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20811.84

Forgiveness Date

05/02/2022

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