PPP Loan information for Highway supply company

$977,200

Highway supply company was initially approved for PPP Loan of amount $977,200, the current approved amount is $977,200. The loan was approved on 04/13/2020 by The New Mexico Bank & Trust reported 77 jobs and $977,200 was used to fund payroll.

Highway supply company is Existing or more than 2 years old

HIGHWAY SUPPLY COMPANY

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

HIGHWAY SUPPLY COMPANY

Borrower Address

6221 CHAPPELL RD NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87113-1044

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

977200.00

Current Approval Amount

977200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122820

Servicing Lender Name

New Mexico Bank & Trust

Servicing Lender Address

320 Gold SW, Ste 100

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87102-3240

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87113-1044

CD

NM-01

Jobs Reported

77

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

977200.00

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

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

984616.01

Forgiveness Date

01/25/2021

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