PPP Loan information for Western bar and cafe inc

$80,600

Western bar and cafe inc was initially approved for PPP Loan of amount $80,600, the current approved amount is $80,600. The loan was approved on 03/04/2021 by The First National Bank reported 4 jobs and $80,600 was used to fund payroll.

Western bar and cafe inc is Existing or more than 2 years old

WESTERN BAR AND CAFE INC

Date Approved

03/04/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

WESTERN BAR AND CAFE INC

Borrower Address

304 W Burro Ave

Borrower City

Cloudcroft

Borrower State

NM

Borrower Zip

88317

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80600.00

Current Approval Amount

80600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45647

Servicing Lender Name

First National Bank

Servicing Lender Address

414 10th St

Servicing Lender City

ALAMOGORDO

Servicing Lender State

NM

Servicing Lender Zip

88310-6766

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cloudcroft

Project County Name

OTERO

Project State

NM

Project Zip

88317

CD

NM-02

Jobs Reported

4

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

80597.00

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

45647

Originating Lender

First National Bank

Originating Lender City

ALAMOGORDO

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

81587.35

Forgiveness Date

05/31/2022

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