PPP Loan information for Red desert holdings llc

$467,700

Red desert holdings llc was initially approved for PPP Loan of amount $467,700, the current approved amount is $467,700. The loan was approved on 01/30/2021 by The State Bank of Southern Utah reported 40 jobs and $467,700 was used to fund payroll.

Red desert holdings llc is Existing or more than 2 years old

PPP Loan Search / UT / Cedar City / Red desert holdings llc

RED DESERT HOLDINGS LLC

Date Approved

01/30/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RED DESERT HOLDINGS LLC

Borrower Address

1125 N Hovi Hills Dr

Borrower City

Cedar City

Borrower State

UT

Borrower Zip

84721-5107

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467700.00

Current Approval Amount

467700.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar City

Project County Name

IRON

Project State

UT

Project Zip

84721-5107

CD

UT-02

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

467698.00

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

Partnership

Originating Lender Location Id

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470570.27

Forgiveness Date

09/15/2021

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