PPP Loan information for Geothermal resource group inc

$193,549

Geothermal resource group inc was initially approved for PPP Loan of amount $193,549, the current approved amount is $193,549. The loan was approved on 02/10/2021 by The Mechanics Bank reported 9 jobs and $193,549 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

02/10/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

GEOTHERMAL RESOURCE GROUP INC

Borrower Address

77530 Enfield Ln Bldg E

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92211-7261

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193549.17

Current Approval Amount

193549.17

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

92211-7261

CD

CA-41

Jobs Reported

9

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

193547.17

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

194549.17

Forgiveness Date

08/17/2021

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