PPP Loan information for The corner drug store, inc.

$478,700

The corner drug store, inc. was initially approved for PPP Loan of amount $478,700, the current approved amount is $478,700. The loan was approved on 04/15/2020 by The Western Commerce Bank reported 42 jobs and $478,700 was used to fund payroll.

The corner drug store, inc. is Existing or more than 2 years old

THE CORNER DRUG STORE, INC.

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

THE CORNER DRUG STORE, INC.

Borrower Address

2402 PIERCE ST SUITE 2B

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-3568

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

478700.00

Current Approval Amount

478700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSBAD

Project County Name

EDDY

Project State

NM

Project Zip

88220-3568

CD

NM-02

Jobs Reported

42

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

478700.00

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

Corporation

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

482083.69

Forgiveness Date

01/06/2021

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