Loans Issued BY Desert Financial CU

Loan Amount Company Name Location Lender
$2-5M THOMPSON/MCCARTHY COFFEE CO. Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$1-2M APDO, PC Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$1-2M CREATIVE INNERVISIONS, LLC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$1-2M LR ACQUISITIONS, INC. Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M APL ACCESS & SECURITY, INC. Gilbert , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M CHRYSALIS ACADEMY, LLC Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M FIRST PRESS VENTURES LLC Tempe , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M GLOBAL TRAINING NETWORK INC Peoria , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M JAY L. SCHWARTZ DO PC Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M LASERENT MANAGEMENT, LLC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M S&M PROJECT SERVICES LLC Gilbert , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M SIERRA SUN LANDSCAPING LLC Tempe , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M SKYTOP, INC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M STARFIRE INVESTORS LIMITED PARTNERSHIP Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M STONE FINISH, LLC Mesa , AZ Desert Financial FCU d/b/a Desert Financial CU
$350K-1M TSI TOWER SERVICES, INC. Chandler , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K ALL ABOUT WATER, LLC Chandler , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K AMY GRULKE PLLC Chandler , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K APPLIED MICROARRAYS, INC. Tempe , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K ARIZONA DEMOLITION SERVICES LLC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K ARIZONA FOOD REVOLUTION Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K AZ SPA MOVERS, LLC San tan valley , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K BC SOLUTIONS EE CORP Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K BILL'S PEST & TERMITE, LLC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K CACTUS SWEEPING, INC. Glendale , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K CLOUD SLINGERS LLC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K CR CUSTOM ELECTRIC INC. Mesa , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K E-Z TOWING & RECOVERY LLC Avondale , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K FIREHOUSE SOLUTIONS, L.L.C. Mesa , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K GALILEO PROJECT, LLC Tempe , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K GREENLIGHT CONSTRUCTION LLC Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K HEALING HANDS LLC Scottsdale , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K HETAL C SHAH MD PC Phoenix , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K IMAGINE SUPPORT SERVICES, LLC Buckeye , AZ Desert Financial FCU d/b/a Desert Financial CU
$150K-350K INNOVATIVE CIRCUITS ARIZONA, INC Gilbert , AZ Desert Financial FCU d/b/a Desert Financial CU

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.