PPP Loan information for Red desert inc

$170,727

Red desert inc was initially approved for PPP Loan of amount $170,727, the current approved amount is $170,727. The loan was approved on 04/13/2020 by The Cache Valley Bank reported 31 jobs and $170,727 was used to fund payroll.

Red desert inc is Existing or more than 2 years old

RED DESERT INC

Date Approved

04/13/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RED DESERT INC

Borrower Address

150 So Hwy 95 Po Box 0189

Borrower City

HANKSVILLE

Borrower State

UT

Borrower Zip

84734-0189

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170727.00

Current Approval Amount

170727.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HANKSVILLE

Project County Name

WAYNE

Project State

UT

Project Zip

84734-0189

CD

UT-02

Jobs Reported

31

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170727.00

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

Unanswered

Non Profit

Forgiveness Amount

161695.83

Forgiveness Date

11/17/2020

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