PPP Loan information for Mercado motors

$175,505

Mercado motors was initially approved for PPP Loan of amount $175,505, the current approved amount is $175,505. The loan was approved on 04/06/2020 by The The Pueblo Bank and Trust Company reported 27 jobs and $175,505 was used to fund payroll.

Mercado motors is Existing or more than 2 years old

PPP Loan Search / CO / PUEBLO / Mercado motors

MERCADO MOTORS

Date Approved

04/06/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MERCADO MOTORS

Borrower Address

LAKE AVE

Borrower City

PUEBLO

Borrower State

CO

Borrower Zip

81004-1478

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175505.00

Current Approval Amount

175505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15691

Servicing Lender Name

The Pueblo Bank and Trust Company

Servicing Lender Address

301 W 5th St

Servicing Lender City

PUEBLO

Servicing Lender State

CO

Servicing Lender Zip

81003-3157

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PUEBLO

Project County Name

PUEBLO

Project State

CO

Project Zip

81004-1478

CD

CO-03

Jobs Reported

27

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175505.00

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

Partnership

Originating Lender Location Id

15691

Originating Lender

The Pueblo Bank and Trust Company

Originating Lender City

PUEBLO

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166562.39

Forgiveness Date

11/27/2020

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