PPP Loan information for Glens garage

$49,360

Glens garage was initially approved for PPP Loan of amount $49,360, the current approved amount is $49,360. The loan was approved on 04/27/2020 by The James Polk Stone Community Bank reported 10 jobs and $49,360 was used to fund payroll.

Glens garage is Existing or more than 2 years old

GLENS GARAGE

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

GLENS GARAGE

Borrower Address

1417 S AVENUE D

Borrower City

PORTALES

Borrower State

NM

Borrower Zip

88130-6837

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49360.00

Current Approval Amount

49360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45931

Servicing Lender Name

James Polk Stone Community Bank

Servicing Lender Address

109 E 2nd St

Servicing Lender City

PORTALES

Servicing Lender State

NM

Servicing Lender Zip

88130-6203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTALES

Project County Name

ROOSEVELT

Project State

NM

Project Zip

88130-6837

CD

NM-03

Jobs Reported

10

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6170.00

Payroll Proceed

37020.00

Mortgage Interest Proceed

6170.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

45931

Originating Lender

James Polk Stone Community Bank

Originating Lender City

PORTALES

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49720.60

Forgiveness Date

01/20/2021

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