PPP Loan information for New mexico school for the arts - art institute

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

NEW MEXICO SCHOOL FOR THE ARTS - ART INSTITUTE

Borrower Address

500 MONTEZUMA AVE

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87501

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304400.00

Current Approval Amount

304400.00

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

SANTA FE

Project County Name

SANTA FE

Project State

NM

Project Zip

87501-0001

CD

NM-03

Jobs Reported

33

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304400.00

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

Non-Profit Organization

Originating Lender Location Id

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

306893.58

Forgiveness Date

02/16/2021