PPP Loan information for Newage desert springs holding, llc

$6,520,000

Newage desert springs holding, llc was initially approved for PPP Loan of amount $6,520,000, the current approved amount is $6,520,000. The loan was approved on 04/10/2020 by The East West Bank reported 493 jobs and $6,520,000 was used to fund payroll.

Newage desert springs holding, llc is Existing or more than 2 years old

PPP Loan Search / CA / PALM DESERT / Newage desert springs holding, llc

NEWAGE DESERT SPRINGS HOLDING, LLC

Date Approved

04/10/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

NEWAGE DESERT SPRINGS HOLDING, LLC

Borrower Address

74855 COUNTRY CLUB DR

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92260-1961

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6520000.00

Current Approval Amount

6520000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

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

92260-1961

CD

CA-41

Jobs Reported

493

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6520000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6611098.89

Forgiveness Date

08/30/2021

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