PPP Loan information for Solvangen ranches

$19,121

Solvangen ranches was initially approved for PPP Loan of amount $19,121, the current approved amount is $19,121. The loan was approved on 04/13/2021 by The New Mexico Bank & Trust reported 2 jobs and $19,121 was used to fund payroll.

Solvangen ranches is Existing or more than 2 years old

SOLVANGEN RANCHES

Date Approved

04/13/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

SOLVANGEN RANCHES

Borrower Address

380 Horseshoe Rd

Borrower City

Cimarron

Borrower State

NM

Borrower Zip

87714-9677

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19121.00

Current Approval Amount

19121.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cimarron

Project County Name

COLFAX

Project State

NM

Project Zip

87714-9677

CD

NM-03

Jobs Reported

2

NAICS Code

112111

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19120.00

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

19205.87

Forgiveness Date

10/04/2021

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