PPP Loan information for Rio valley chili inc.

$569,960

Rio valley chili inc. was initially approved for PPP Loan of amount $569,960, the current approved amount is $569,960. The loan was approved on 04/07/2020 by The Citizens Bank of Las Cruces reported 51 jobs and $569,960 was used to fund payroll.

Rio valley chili inc. is New Business or 2 years or less

PPP Loan Search / NM / RINCON / Rio valley chili inc.

RIO VALLEY CHILI INC.

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RIO VALLEY CHILI INC.

Borrower Address

PO Box 131

Borrower City

RINCON

Borrower State

NM

Borrower Zip

87940-0131

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569960.00

Current Approval Amount

569960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45799

Servicing Lender Name

Citizens Bank of Las Cruces

Servicing Lender Address

505 S Main St

Servicing Lender City

LAS CRUCES

Servicing Lender State

NM

Servicing Lender Zip

88001-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

RINCON

Project County Name

DONA ANA

Project State

NM

Project Zip

87940-0131

CD

NM-02

Jobs Reported

51

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

69960.00

Payroll Proceed

500000.00

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

45799

Originating Lender

Citizens Bank of Las Cruces

Originating Lender City

LAS CRUCES

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

575517.11

Forgiveness Date

04/02/2021

;