PPP Loan information for Desert sun automotive inc.

$586,400

Desert sun automotive inc. was initially approved for PPP Loan of amount $586,400, the current approved amount is $586,400. The loan was approved on 02/17/2021 by The First American Bank reported 42 jobs and $586,400 was used to fund payroll.

Desert sun automotive inc. is Existing or more than 2 years old

PPP Loan Search / NM / Alamogordo / Desert sun automotive inc.

DESERT SUN AUTOMOTIVE INC.

Date Approved

02/17/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

DESERT SUN AUTOMOTIVE INC.

Borrower Address

3333 N White Sands Blvd

Borrower City

Alamogordo

Borrower State

NM

Borrower Zip

88310-9764

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

586400.00

Current Approval Amount

586400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alamogordo

Project County Name

OTERO

Project State

NM

Project Zip

88310-9764

CD

NM-02

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

586397.00

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

Subchapter S Corporation

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

590146.44

Forgiveness Date

10/06/2021

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