PPP Loan information for Webb automotive group inc

$1,310,424

Webb automotive group inc was initially approved for PPP Loan of amount $1,310,424, the current approved amount is $1,310,424. The loan was approved on 02/20/2021 by The The Citizens Bank reported 96 jobs and $1,310,424 was used to fund payroll.

Webb automotive group inc is Existing or more than 2 years old

PPP Loan Search / NM / Farmington / Webb automotive group inc

WEBB AUTOMOTIVE GROUP INC

Date Approved

02/20/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

WEBB AUTOMOTIVE GROUP INC

Borrower Address

3911 E Main St

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87402-8721

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1310424.12

Current Approval Amount

1310424.12

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87402-8721

CD

NM-03

Jobs Reported

96

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1310419.12

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

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1319363.73

Forgiveness Date

11/01/2021

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