PPP Loan information for Farmington 1600 llc

$52,000

Farmington 1600 llc was initially approved for PPP Loan of amount $52,000, the current approved amount is $52,000. The loan was approved on 04/05/2020 by The Western Commerce Bank reported 9 jobs and $52,000 was used to fund payroll.

Farmington 1600 llc is New Business or 2 years or less

PPP Loan Search / NM / FARMINGTON / Farmington 1600 llc

FARMINGTON 1600 LLC

Date Approved

04/05/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FARMINGTON 1600 LLC

Borrower Address

1600 BLOOMFIELD BLVD

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401-8176

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52000.00

Current Approval Amount

52000.00

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

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-8176

CD

NM-03

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

39000.00

Mortgage Interest Proceed

8000.00

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

52508.60

Forgiveness Date

04/02/2021

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