PPP Loan information for Degroot rio rancho, inc.

$164,000

Degroot rio rancho, inc. was initially approved for PPP Loan of amount $164,000, the current approved amount is $164,000. The loan was approved on 04/27/2020 by The Third Coast Bank SSB reported 11 jobs and $164,000 was used to fund payroll.

Degroot rio rancho, inc. is New Business or 2 years or less

DEGROOT RIO RANCHO, INC.

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

DEGROOT RIO RANCHO, INC.

Borrower Address

2014 Southern Blvd SE

Borrower City

Rio Rancho

Borrower State

NM

Borrower Zip

87124-3765

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164000.00

Current Approval Amount

164000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

454766

Servicing Lender Name

Third Coast Bank SSB

Servicing Lender Address

20202 Hwy 59 North, Ste 190

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-2403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Rio Rancho

Project County Name

SANDOVAL

Project State

NM

Project Zip

87124-3765

CD

NM-01

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

164000.00

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

454766

Originating Lender

Third Coast Bank SSB

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164961.53

Forgiveness Date

12/09/2020

;