PPP Loan information for Rico motor company, a corp

$710,534

Rico motor company, a corp was initially approved for PPP Loan of amount $710,534, the current approved amount is $710,534. The loan was approved on 04/06/2020 by The Bank of Colorado reported 91 jobs and $710,534 was used to fund payroll.

Rico motor company, a corp is Existing or more than 2 years old

RICO MOTOR COMPANY, A CORP

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RICO MOTOR COMPANY, A CORP

Borrower Address

220 South 5th Street

Borrower City

GALLUP

Borrower State

NM

Borrower Zip

87301

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710534.00

Current Approval Amount

710534.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLUP

Project County Name

MCKINLEY

Project State

NM

Project Zip

87301-0002

CD

NM-03

Jobs Reported

91

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

710534.00

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

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

718251.19

Forgiveness Date

05/13/2021

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