PPP Loan information for Strata production company

$322,400

Strata production company was initially approved for PPP Loan of amount $322,400, the current approved amount is $322,400. The loan was approved on 02/04/2021 by The Bank of the Southwest reported 19 jobs and $322,400 was used to fund payroll.

Strata production company is Existing or more than 2 years old

STRATA PRODUCTION COMPANY

Date Approved

02/04/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

STRATA PRODUCTION COMPANY

Borrower Address

1301 N Sycamore Ave

Borrower City

Roswell

Borrower State

NM

Borrower Zip

88201-8892

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322400.00

Current Approval Amount

322400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roswell

Project County Name

CHAVES

Project State

NM

Project Zip

88201-8892

CD

NM-03

Jobs Reported

19

NAICS Code

211120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

322396.00

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

Corporation

Originating Lender Location Id

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324873.21

Forgiveness Date

11/17/2021

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