# PPP loan: DESERT MOUNTAIN COMPANY
> **$1.04M** approved 04/13/2020 · Paid in Full · Loan `4973177102`
## Borrower
- **Name:** DESERT MOUNTAIN COMPANY
- **Address:** 120 E Corporate Place, CHANDLER, AZ, 85225-1018
- **NAICS:** 423990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $783K
- **Rent:** $130K
- **Utilities:** $130K
- **Jobs reported:** 87
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*