PPP Loan information for Rio rancho imports inc

$110,000

Rio rancho imports inc was initially approved for PPP Loan of amount $110,000, the current approved amount is $110,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 11 jobs and $110,000 was used to fund payroll.

Rio rancho imports inc is Existing or more than 2 years old

PPP Loan Search / NM / RIO RANCHO / Rio rancho imports inc

RIO RANCHO IMPORTS INC

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RIO RANCHO IMPORTS INC

Borrower Address

2712 SOUTHERN BLVD SE

Borrower City

RIO RANCHO

Borrower State

NM

Borrower Zip

87124-3741

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110000.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIO RANCHO

Project County Name

SANDOVAL

Project State

NM

Project Zip

87124-3741

CD

NM-01

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13750.00

Payroll Proceed

82500.00

Mortgage Interest Proceed

0.00

Rent Proceed

13750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111164.17

Forgiveness Date

05/05/2021

;