PPP Loan information for 505 resources inc

$13,700

505 resources inc was initially approved for PPP Loan of amount $13,700, the current approved amount is $13,700. The loan was approved on 04/29/2020 by The New Mexico Bank & Trust reported 3 jobs and $13,700 was used to fund payroll.

505 resources inc is Existing or more than 2 years old

PPP Loan Search / NM / CLOVIS / 505 resources inc

505 RESOURCES INC

Date Approved

04/29/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

505 RESOURCES INC

Borrower Address

111 E 6TH STREET

Borrower City

CLOVIS

Borrower State

NM

Borrower Zip

88101

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13700.00

Current Approval Amount

13700.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLOVIS

Project County Name

CURRY

Project State

NM

Project Zip

88101-0300

CD

NM-03

Jobs Reported

3

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13700.00

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

Unanswered

Non Profit

Forgiveness Amount

13861.02

Forgiveness Date

07/08/2021

;