DEBT REDUCTION SERVICES, INC (ID) - 2020 PPP Loan Borrower Profile (# 8621207201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DEBT REDUCTION SERVICES, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Idaho.

Loan Detail

Loan Number

8621207201

SBA Office Code

1087

Processing Method

PPP

Curent Loan Amount

$406,400

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$409,584.39

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

50,800

Payroll Proced

304,800

Mortgage Interest Proceed

50,800

Lender

D. L. Evans Bank

Business Detail

Business Type

Corporation

NAICS

541990

Borrower Location

BOISE, ID

Project Location

BOISE, ID

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.