PPP Loan information for Borman motor compnay llc

$1,545,100

Borman motor compnay llc was initially approved for PPP Loan of amount $1,545,100, the current approved amount is $1,545,100. The loan was approved on 04/06/2020 by The WestStar Bank reported 93 jobs and $1,545,100 was used to fund payroll.

Borman motor compnay llc is Existing or more than 2 years old

PPP Loan Search / NM / LAS CRUCES / Borman motor compnay llc

BORMAN MOTOR COMPNAY LLC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

BORMAN MOTOR COMPNAY LLC

Borrower Address

470 W.BOUTZ RD

Borrower City

LAS CRUCES

Borrower State

NM

Borrower Zip

88005-3190

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1545100.00

Current Approval Amount

1545100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113154

Servicing Lender Name

WestStar Bank

Servicing Lender Address

500 N Mesa St

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79901-1224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAS CRUCES

Project County Name

DONA ANA

Project State

NM

Project Zip

88005-3190

CD

NM-02

Jobs Reported

93

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1545100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

113154

Originating Lender

WestStar Bank

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1561795.66

Forgiveness Date

05/11/2021

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