PPP Loan information for Montano motors inc

$445,538

Montano motors inc was initially approved for PPP Loan of amount $445,538, the current approved amount is $445,538. The loan was approved on 04/10/2020 by The First New Mexico Bank reported 29 jobs and $445,538 was used to fund payroll.

Montano motors inc is Existing or more than 2 years old

PPP Loan Search / NM / Albuquerque / Montano motors inc

MONTANO MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MONTANO MOTORS INC

Borrower Address

1200 S Renaissance Blvd NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

88030-7003

Loan Status Date

11/30/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445537.50

Current Approval Amount

445537.50

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

LUNA

Project State

NM

Project Zip

88030-7003

CD

NM-02

Jobs Reported

29

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

445537.50

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

Subchapter S Corporation

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

448076.45

Forgiveness Date

11/12/2020

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