Newage Desert Springs Holding, LLC
$6,520,000 PPP Loan in Palm Desert, California
Loan Details
- Loan Number
- 1496337105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $6,520,000
- Current Approval
- $6,520,000
- Forgiveness Amount
- $6,611,099
- Forgiveness Date
- Aug 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newage Desert Springs Holding, LLC
- Address
- 74855 Country Club Dr
- City
- Palm Desert
- State
- California
- ZIP Code
- 92260-1961
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 493
- Estimated Revenue
- $154.2M
- Rural/Urban
- Urban
- Congressional District
- CA-41
Loan Use Breakdown
- Payroll
- $6,520,000
Lender Information
- Servicing Lender
- East West Bank
- Originating Lender
- East West Bank
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|---|---|---|
| Franklin Loan Corporation | $2,605,000 |  Research |
| Bighorn Golf Club | $2,582,432 | Research |
| Toscana Country Club INC | $1,896,400 | Research |
| Desert Arc | $1,867,600 | Research |
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