# PPP loan: DESERT BOILERS & CONTROLS, INC
> **$600K** approved 04/29/2020 · Paid in Full · Loan `4499857303`
## Borrower
- **Name:** DESERT BOILERS & CONTROLS, INC
- **Address:** 303 W. SAINT LOUIS AVE, LAS VEGAS, NV, 89102-4709
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $608K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $92K
- **Utilities:** $21K
- **Debt interest:** $36K
- **Jobs reported:** 38
## Lender
- **Originating:** GenuBank
- **Servicing:** GenuBank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*