PPP Loan information for Desert subway inc.

$853,300

Desert subway inc. was initially approved for PPP Loan of amount $853,300, the current approved amount is $853,300. The loan was approved on 01/23/2021 by The The Bancorp Bank National Association reported 78 jobs and $853,300 was used to fund payroll.

Desert subway inc. is Existing or more than 2 years old

DESERT SUBWAY INC.

Date Approved

01/23/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

DESERT SUBWAY INC.

Borrower Address

100 S McClintock Dr Ste 201

Borrower City

Chandler

Borrower State

AZ

Borrower Zip

85226-4816

Loan Status Date

09/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

853300.00

Current Approval Amount

853300.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

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

85226-4816

CD

AZ-04

Jobs Reported

78

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

853295.00

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

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

866336.53

Forgiveness Date

07/28/2022

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