PPP Loan information for La fonda restaurant

$33,098

La fonda restaurant was initially approved for PPP Loan of amount $38,410, the current approved amount is $33,098. The loan was approved on 04/06/2020 by The First New Mexico Bank reported 7 jobs and $33,098 was used to fund payroll.

La fonda restaurant is Existing or more than 2 years old

LA FONDA RESTAURANT

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LA FONDA RESTAURANT

Borrower Address

601 East Pine

Borrower City

DEMING

Borrower State

NM

Borrower Zip

88030-3842

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38410.00

Current Approval Amount

33098.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45765

Servicing Lender Name

First New Mexico Bank

Servicing Lender Address

300 S Gold Ave

Servicing Lender City

DEMING

Servicing Lender State

NM

Servicing Lender Zip

88030-3731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEMING

Project County Name

LUNA

Project State

NM

Project Zip

88030-3842

CD

NM-02

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33098.12

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

Sole Proprietorship

Originating Lender Location Id

45765

Originating Lender

First New Mexico Bank

Originating Lender City

DEMING

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

33324.82

Forgiveness Date

12/23/2020

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