PPP Loan information for La montanita food cooperative

$2,052,100

La montanita food cooperative was initially approved for PPP Loan of amount $2,052,100, the current approved amount is $2,052,100. The loan was approved on 04/06/2020 by The Nusenda FCU reported 295 jobs and $2,052,100 was used to fund payroll.

La montanita food cooperative is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / La montanita food cooperative

LA MONTANITA FOOD COOPERATIVE

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LA MONTANITA FOOD COOPERATIVE

Borrower Address

901 MENAUL BLVD

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87107-1658

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2052100.00

Current Approval Amount

2052100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101094

Servicing Lender Name

Nusenda FCU

Servicing Lender Address

4100 Pan American Frwy

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87107-4752

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

87107-1658

CD

NM-01

Jobs Reported

295

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63000.00

Payroll Proceed

1814100.00

Mortgage Interest Proceed

0.00

Rent Proceed

175000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

101094

Originating Lender

Nusenda FCU

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2076050.54

Forgiveness Date

06/11/2021

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