PPP Loan information for The arc of new mexico

$215,415

The arc of new mexico was initially approved for PPP Loan of amount $215,415, the current approved amount is $215,415. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 22 jobs and $215,415 was used to fund payroll.

The arc of new mexico is New Business or 2 years or less

THE ARC OF NEW MEXICO

Date Approved

04/30/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

THE ARC OF NEW MEXICO

Borrower Address

1727 Rusty Rd NW

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87114

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215415.00

Current Approval Amount

215415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87114-0701

CD

NM-01

Jobs Reported

22

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

215415.00

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

Non-Profit Organization

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

218646.22

Forgiveness Date

11/04/2021

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