PPP Loan information for L & m auto sales

$75,114

L & m auto sales was initially approved for PPP Loan of amount $75,114, the current approved amount is $75,114. The loan was approved on 04/14/2020 by The First National Bank Colorado reported 7 jobs and $75,114 was used to fund payroll.

L & m auto sales is Existing or more than 2 years old

L & M AUTO SALES

Date Approved

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

L & M AUTO SALES

Borrower Address

1002 WEST AVE

Borrower City

ALAMOSA

Borrower State

CO

Borrower Zip

81101-3025

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75113.65

Current Approval Amount

75113.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15611

Servicing Lender Name

First National Bank Colorado

Servicing Lender Address

535 Bent Ave

Servicing Lender City

LAS ANIMAS

Servicing Lender State

CO

Servicing Lender Zip

81054-1725

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALAMOSA

Project County Name

ALAMOSA

Project State

CO

Project Zip

81101-3025

CD

CO-03

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15864.03

Payroll Proceed

57595.94

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1653.68

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

15611

Originating Lender

First National Bank Colorado

Originating Lender City

LAS ANIMAS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75586.97

Forgiveness Date

12/03/2020

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