PPP Loan information for Majestic hospitality

$37,916

Majestic hospitality was initially approved for PPP Loan of amount $37,916, the current approved amount is $37,916. The loan was approved on 01/17/2021 by The First New Mexico Bank reported 4 jobs and $37,916 was used to fund payroll.

Majestic hospitality is Existing or more than 2 years old

MAJESTIC HOSPITALITY

Date Approved

01/17/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

MAJESTIC HOSPITALITY

Borrower Address

3820 National Parks Hwy

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-5951

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37915.50

Current Approval Amount

37915.50

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-5951

CD

NM-02

Jobs Reported

4

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

37913.50

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

45765

Originating Lender

First New Mexico Bank

Originating Lender City

DEMING

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38075.47

Forgiveness Date

06/25/2021

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