PPP Loan information for Farmington motors, inc

$1,825,800

Farmington motors, inc was initially approved for PPP Loan of amount $1,825,800, the current approved amount is $1,825,800. The loan was approved on 04/03/2020 by The Four Corners Community Bank reported 126 jobs and $1,825,800 was used to fund payroll.

Farmington motors, inc is Existing or more than 2 years old

PPP Loan Search / NM / FARMINGTON / Farmington motors, inc

FARMINGTON MOTORS, INC

Date Approved

04/03/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FARMINGTON MOTORS, INC

Borrower Address

3200 MAIN ST

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87402-5314

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1825800.00

Current Approval Amount

1825800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124345

Servicing Lender Name

Four Corners Community Bank

Servicing Lender Address

500 W Main St, Ste 101

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-8447

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87402-5314

CD

NM-03

Jobs Reported

126

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1825800.00

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

124345

Originating Lender

Four Corners Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1836654.76

Forgiveness Date

11/12/2020

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