PPP Loan information for Ruidoso ford lincoln, inc.

$298,200

Ruidoso ford lincoln, inc. was initially approved for PPP Loan of amount $298,200, the current approved amount is $298,200. The loan was approved on 04/06/2020 by The First National Bank reported 28 jobs and $298,200 was used to fund payroll.

Ruidoso ford lincoln, inc. is Existing or more than 2 years old

RUIDOSO FORD LINCOLN, INC.

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RUIDOSO FORD LINCOLN, INC.

Borrower Address

107 HIGHWAY 70

Borrower City

RUIDOSO

Borrower State

NM

Borrower Zip

88345-6009

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298200.00

Current Approval Amount

298200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45647

Servicing Lender Name

First National Bank

Servicing Lender Address

414 10th St

Servicing Lender City

ALAMOGORDO

Servicing Lender State

NM

Servicing Lender Zip

88310-6766

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUIDOSO

Project County Name

LINCOLN

Project State

NM

Project Zip

88345-6009

CD

NM-01

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60300.00

Payroll Proceed

237900.00

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

45647

Originating Lender

First National Bank

Originating Lender City

ALAMOGORDO

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299972.63

Forgiveness Date

11/17/2020

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