PPP Loan information for Business ventures inc

$52,100

Business ventures inc was initially approved for PPP Loan of amount $52,100, the current approved amount is $52,100. The loan was approved on 03/25/2021 by The Bank of the Southwest reported 14 jobs and $52,100 was used to fund payroll.

Business ventures inc is Existing or more than 2 years old

PPP Loan Search / NM / Farmington / Business ventures inc

BUSINESS VENTURES INC

Date Approved

03/25/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

BUSINESS VENTURES INC

Borrower Address

124 E Main St

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-2702

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52100.00

Current Approval Amount

52100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-2702

CD

NM-03

Jobs Reported

14

NAICS Code

541213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52098.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52578.18

Forgiveness Date

03/03/2022

;