PPP Loan information for Sarcon construction corporation

$188,400

Sarcon construction corporation was initially approved for PPP Loan of amount $188,400, the current approved amount is $188,400. The loan was approved on 04/14/2020 by The New Mexico Bank & Trust reported 14 jobs and $188,400 was used to fund payroll.

Sarcon construction corporation is Existing or more than 2 years old

SARCON CONSTRUCTION CORPORATION

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SARCON CONSTRUCTION CORPORATION

Borrower Address

2044 Galisteo Street Suite #1

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87505

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188400.00

Current Approval Amount

188400.00

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

87505-0080

CD

NM-03

Jobs Reported

14

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188400.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189902.04

Forgiveness Date

02/03/2021

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