PPP Loan information for Geothermal resource group, inc

$213,462

Geothermal resource group, inc was initially approved for PPP Loan of amount $213,462, the current approved amount is $213,462. The loan was approved on 04/16/2020 by The Mechanics Bank reported 10 jobs and $213,462 was used to fund payroll.

Geothermal resource group, inc is Existing or more than 2 years old

PPP Loan Search / CA / Palm Desert / Geothermal resource group, inc

GEOTHERMAL RESOURCE GROUP, INC

Date Approved

04/16/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

GEOTHERMAL RESOURCE GROUP, INC

Borrower Address

77-5302 Enfield Lane Bldg E

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92211

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213462.00

Current Approval Amount

213462.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211-0400

CD

CA-41

Jobs Reported

10

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213462.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215827.87

Forgiveness Date

06/01/2021

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