PPP Loan information for Porter associates, inc.

$347,500

Porter associates, inc. was initially approved for PPP Loan of amount $347,500, the current approved amount is $347,500. The loan was approved on 06/08/2020 by The New Mexico Bank & Trust reported 32 jobs and $347,500 was used to fund payroll.

Porter associates, inc. is Existing or more than 2 years old

PORTER ASSOCIATES, INC.

Date Approved

06/08/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PORTER ASSOCIATES, INC.

Borrower Address

53 OLD SANTA FE TRL

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87501

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

347500.00

Current Approval Amount

347500.00

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

32

NAICS Code

448140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

347500.00

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

Subchapter S Corporation

Originating Lender Location Id

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

351412.95

Forgiveness Date

07/27/2021

;