PPP Loan information for Corporation for downtown development

$22,600

Corporation for downtown development was initially approved for PPP Loan of amount $22,600, the current approved amount is $22,600. The loan was approved on 01/22/2021 by The First American Bank reported 4 jobs and $22,600 was used to fund payroll.

Corporation for downtown development is Existing or more than 2 years old

CORPORATION FOR DOWNTOWN DEVELOPMENT

Date Approved

01/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

CORPORATION FOR DOWNTOWN DEVELOPMENT

Borrower Address

201 N Hudson St

Borrower City

Silver City

Borrower State

NM

Borrower Zip

88061-5428

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22600.00

Current Approval Amount

22600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver City

Project County Name

GRANT

Project State

NM

Project Zip

88061-5428

CD

NM-02

Jobs Reported

4

NAICS Code

712120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

22597.00

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

Non-Profit Organization

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

22689.77

Forgiveness Date

06/15/2021

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