PPP Loan information for Silver city food cooperative

$181,352

Silver city food cooperative was initially approved for PPP Loan of amount $181,352, the current approved amount is $181,352. The loan was approved on 04/07/2020 by The First New Mexico Bank of Silver City reported 34 jobs and $181,352 was used to fund payroll.

Silver city food cooperative is Existing or more than 2 years old

SILVER CITY FOOD COOPERATIVE

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SILVER CITY FOOD COOPERATIVE

Borrower Address

BULLARD ST

Borrower City

SILVER CITY

Borrower State

NM

Borrower Zip

88061-5409

Loan Status Date

03/24/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181352.00

Current Approval Amount

181352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45964

Servicing Lender Name

First New Mexico Bank of Silver City

Servicing Lender Address

1928 US Hwy 180 E

Servicing Lender City

SILVER CITY

Servicing Lender State

NM

Servicing Lender Zip

88061-7781

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILVER CITY

Project County Name

GRANT

Project State

NM

Project Zip

88061-5409

CD

NM-02

Jobs Reported

34

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181352.00

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

Cooperative

Originating Lender Location Id

45964

Originating Lender

First New Mexico Bank of Silver City

Originating Lender City

SILVER CITY

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182465.30

Forgiveness Date

11/30/2020

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