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
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
Business Age Description
New Business or 2 years or less
Project City
Project County Name
SANDOVAL
Project State
Project Zip
CD
NM-01
Jobs Reported
11
NAICS Code
811111
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
164961.53
Forgiveness Date
12/09/2020