PPP Loan information for Desert springs product llc

$258,900

Desert springs product llc was initially approved for PPP Loan of amount $258,900, the current approved amount is $258,900. The loan was approved on 02/25/2021 by The Bank of the Southwest reported 24 jobs and $258,900 was used to fund payroll.

Desert springs product llc is Existing or more than 2 years old

PPP Loan Search / NM / Arrey / Desert springs product llc

DESERT SPRINGS PRODUCT LLC

Date Approved

02/25/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

DESERT SPRINGS PRODUCT LLC

Borrower Address

56995 Highway 187

Borrower City

Arrey

Borrower State

NM

Borrower Zip

87930

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258900.00

Current Approval Amount

258900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arrey

Project County Name

SIERRA

Project State

NM

Project Zip

87930

CD

NM-02

Jobs Reported

24

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

258897.00

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

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261269.11

Forgiveness Date

01/28/2022

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