PPP Loan information for Belmont motel

$5,200

Belmont motel was initially approved for PPP Loan of amount $5,200, the current approved amount is $5,200. The loan was approved on 05/15/2020 by The James Polk Stone Community Bank reported 2 jobs and $5,200 was used to fund payroll.

Belmont motel is Existing or more than 2 years old

PPP Loan Search / NM / ROSWELL / Belmont motel

BELMONT MOTEL

Date Approved

05/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

BELMONT MOTEL

Borrower Address

2100 W 2ND ST

Borrower City

ROSWELL

Borrower State

NM

Borrower Zip

88201-1716

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5200.00

Current Approval Amount

5200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45931

Servicing Lender Name

James Polk Stone Community Bank

Servicing Lender Address

109 E 2nd St

Servicing Lender City

PORTALES

Servicing Lender State

NM

Servicing Lender Zip

88130-6203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSWELL

Project County Name

CHAVES

Project State

NM

Project Zip

88201-1716

CD

NM-03

Jobs Reported

2

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

200.00

Payroll Proceed

4000.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

45931

Originating Lender

James Polk Stone Community Bank

Originating Lender City

PORTALES

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5237.41

Forgiveness Date

02/03/2021

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