PPP Loan information for Desert state shotcrete inc

$316,112

Desert state shotcrete inc was initially approved for PPP Loan of amount $316,112, the current approved amount is $316,112. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 25 jobs and $316,112 was used to fund payroll.

Desert state shotcrete inc is Existing or more than 2 years old

DESERT STATE SHOTCRETE INC

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

DESERT STATE SHOTCRETE INC

Borrower Address

2473 S. Higley Rd Suite 104 #325

Borrower City

GILBERT

Borrower State

AZ

Borrower Zip

85295

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

316112.00

Current Approval Amount

316112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GILBERT

Project County Name

MARICOPA

Project State

AZ

Project Zip

85295-0001

CD

AZ-05

Jobs Reported

25

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

290112.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307184.07

Forgiveness Date

02/10/2021

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