Red Desert Holdings LLC

$467,700 PPP Loan in Cedar City, Utah

Loan Details

Loan Number
8718198301
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$467,700
Current Approval
$467,700
Forgiveness Amount
$470,570
Forgiveness Date
Sep 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Red Desert Holdings LLC
Address
1125 N Hovi Hills Dr
State
Utah
ZIP Code
84721-5107
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$467,698
Utilities
$1

Lender Information

Servicing Lender
State Bank of Southern Utah
Originating Lender
State Bank of Southern Utah

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