PPP Loan information for Valley land ranch

$71,800

Valley land ranch was initially approved for PPP Loan of amount $71,800, the current approved amount is $71,800. The loan was approved on 04/27/2020 by The Western Commerce Bank reported 9 jobs and $71,800 was used to fund payroll.

Valley land ranch is Existing or more than 2 years old

VALLEY LAND RANCH

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

VALLEY LAND RANCH

Borrower Address

414 N 8th St

Borrower City

LOVING

Borrower State

NM

Borrower Zip

88256-9999

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71800.00

Current Approval Amount

71800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOVING

Project County Name

EDDY

Project State

NM

Project Zip

88256-9999

CD

NM-02

Jobs Reported

9

NAICS Code

112111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14000.00

Payroll Proceed

57800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72407.84

Forgiveness Date

03/05/2021

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