PPP Loan information for Desert area corporation

$535,100

Desert area corporation was initially approved for PPP Loan of amount $535,100, the current approved amount is $535,100. The loan was approved on 04/27/2020 by The FirstBank reported 80 jobs and $535,100 was used to fund payroll.

Desert area corporation is Existing or more than 2 years old

PPP Loan Search / CA / PALM DESERT / Desert area corporation

DESERT AREA CORPORATION

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DESERT AREA CORPORATION

Borrower Address

42100 BEACON HILL

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92211

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

535100.00

Current Approval Amount

535100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

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

80

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

535100.00

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

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

540465.86

Forgiveness Date

04/27/2021

;