PPP Loan information for Farmington 1600 llc

$60,757

Farmington 1600 llc was initially approved for PPP Loan of amount $60,757, the current approved amount is $60,757. The loan was approved on 02/24/2021 by The Western Commerce Bank reported 13 jobs and $60,757 was used to fund payroll.

Farmington 1600 llc is Existing or more than 2 years old

FARMINGTON 1600 LLC

Date Approved

02/24/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

FARMINGTON 1600 LLC

Borrower Address

1600 Bloomfield Blvd

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-8176

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60756.50

Current Approval Amount

60756.50

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-8176

CD

NM-03

Jobs Reported

13

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60752.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61172.64

Forgiveness Date

11/03/2021

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