PPP Loan information for New mexico food distributors, inc.

$1,406,700

New mexico food distributors, inc. was initially approved for PPP Loan of amount $1,406,700, the current approved amount is $1,406,700. The loan was approved on 04/14/2020 by The New Mexico Bank & Trust reported 254 jobs and $1,406,700 was used to fund payroll.

New mexico food distributors, inc. is Existing or more than 2 years old

NEW MEXICO FOOD DISTRIBUTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

NEW MEXICO FOOD DISTRIBUTORS, INC.

Borrower Address

3041 UNIVERSITY BLVD SE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87106

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1406700.00

Current Approval Amount

1406700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122820

Servicing Lender Name

New Mexico Bank & Trust

Servicing Lender Address

320 Gold SW, Ste 100

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87102-3240

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87106-0001

CD

NM-01

Jobs Reported

254

NAICS Code

424490

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1406700.00

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

Subchapter S Corporation

Originating Lender Location Id

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1420844.08

Forgiveness Date

04/23/2021

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