PPP Loan information for Cartel llc

$62,500

Cartel llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/09/2020 by The First American Bank reported 9 jobs and $62,500 was used to fund payroll.

Cartel llc is Existing or more than 2 years old

CARTEL LLC

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CARTEL LLC

Borrower Address

430 E MORGAN RD

Borrower City

HAGERMAN

Borrower State

NM

Borrower Zip

88232-9795

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAGERMAN

Project County Name

CHAVES

Project State

NM

Project Zip

88232-9795

CD

NM-03

Jobs Reported

9

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

Partnership

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63001.74

Forgiveness Date

02/04/2021

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