PPP Loan information for Otero & sons roofing corp

$250,000

Otero & sons roofing corp was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/27/2020 by The DreamSpring reported 77 jobs and $250,000 was used to fund payroll.

Otero & sons roofing corp is Existing or more than 2 years old

OTERO & SONS ROOFING CORP

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

OTERO & SONS ROOFING CORP

Borrower Address

125 Camino De Lucia

Borrower City

CORRALES

Borrower State

NM

Borrower Zip

87048

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

506410

Servicing Lender Name

DreamSpring

Servicing Lender Address

2000 Zearing Ave. NW

Servicing Lender City

Albuquerque

Servicing Lender State

NM

Servicing Lender Zip

87104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORRALES

Project County Name

SANDOVAL

Project State

NM

Project Zip

87048-0001

CD

NM-01

Jobs Reported

77

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

506410

Originating Lender

DreamSpring

Originating Lender City

Albuquerque

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253500.00

Forgiveness Date

09/17/2021

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