PPP Loan information for Destech corporation

$742,500

Destech corporation was initially approved for PPP Loan of amount $742,500, the current approved amount is $742,500. The loan was approved on 05/04/2020 by The Cache Valley Bank reported 60 jobs and $742,500 was used to fund payroll.

Destech corporation is Existing or more than 2 years old

DESTECH CORPORATION

Date Approved

05/04/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

DESTECH CORPORATION

Borrower Address

401 East Irvington Road

Borrower City

Tucson

Borrower State

AZ

Borrower Zip

85714

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742500.00

Current Approval Amount

742500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tucson

Project County Name

PIMA

Project State

AZ

Project Zip

85714-0001

CD

AZ-07

Jobs Reported

60

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

742500.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

752482.50

Forgiveness Date

09/10/2021

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