PPP Loan information for Farmington auto auction inc

$13,975

Farmington auto auction inc was initially approved for PPP Loan of amount $13,975, the current approved amount is $13,975. The loan was approved on 01/22/2021 by The The Citizens Bank reported 7 jobs and $13,975 was used to fund payroll.

Farmington auto auction inc is Existing or more than 2 years old

PPP Loan Search / NM / FARMINGTON / Farmington auto auction inc

FARMINGTON AUTO AUCTION INC

Date Approved

01/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

FARMINGTON AUTO AUCTION INC

Borrower Address

1661 W MAIN ST

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13975.00

Current Approval Amount

13975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

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

CD

NM-03

Jobs Reported

7

NAICS Code

425120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

13971.00

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

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14119.73

Forgiveness Date

02/08/2022

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