# PPP loan: DESERT SUBWAY INC.
> **$853K** approved 01/23/2021 · Paid in Full · Loan `5000988310`
## Borrower
- **Name:** DESERT SUBWAY INC.
- **Address:** 100 S McClintock Dr Ste 201, Chandler, AZ, 85226-4816
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $853K
- **Initial approval:** $853K
- **Forgiven:** $866K (102%)
- **Forgiveness date:** 07/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $853K
- **Utilities:** $1
- **Jobs reported:** 78
## Lender
- **Originating:** The Bancorp Bank National Association
- **Servicing:** The Bancorp Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*