PPP Loan information for Desert mountain company

$1,044,100

Desert mountain company was initially approved for PPP Loan of amount $1,044,100, the current approved amount is $1,044,100. The loan was approved on 04/13/2020 by The Alerus Financial, National Association reported 87 jobs and $1,044,100 was used to fund payroll.

Desert mountain company is Existing or more than 2 years old

DESERT MOUNTAIN COMPANY

Date Approved

04/13/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

DESERT MOUNTAIN COMPANY

Borrower Address

120 E Corporate Place

Borrower City

CHANDLER

Borrower State

AZ

Borrower Zip

85225-1018

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1044100.00

Current Approval Amount

1044100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANDLER

Project County Name

MARICOPA

Project State

AZ

Project Zip

85225-1018

CD

AZ-04

Jobs Reported

87

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

130486.00

Payroll Proceed

783124.00

Mortgage Interest Proceed

0.00

Rent Proceed

130490.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1056716.21

Forgiveness Date

06/28/2021

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