PPP Loan information for Red desert electric inc.

$46,500

Red desert electric inc. was initially approved for PPP Loan of amount $46,500, the current approved amount is $46,500. The loan was approved on 02/26/2021 by The MidFirst Bank reported 3 jobs and $46,500 was used to fund payroll.

Red desert electric inc. is Existing or more than 2 years old

PPP Loan Search / AZ / Glendale / Red desert electric inc.

RED DESERT ELECTRIC INC.

Date Approved

02/26/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

RED DESERT ELECTRIC INC.

Borrower Address

6602 N 58th Dr

Borrower City

Glendale

Borrower State

AZ

Borrower Zip

85301-3906

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46500.00

Current Approval Amount

46500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85301-3906

CD

AZ-03

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46498.00

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

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46821.62

Forgiveness Date

11/12/2021

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