PPP Loan information for Herbs etc inc

$340,000

Herbs etc inc was initially approved for PPP Loan of amount $340,000, the current approved amount is $340,000. The loan was approved on 04/15/2020 by The New Mexico Bank & Trust reported 32 jobs and $340,000 was used to fund payroll.

Herbs etc inc is Existing or more than 2 years old

HERBS ETC INC

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

HERBS ETC INC

Borrower Address

1340 RUFINA CIRCLE

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87507

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340000.00

Current Approval Amount

340000.00

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

SANTA FE

Project County Name

SANTA FE

Project State

NM

Project Zip

87507-0001

CD

NM-03

Jobs Reported

32

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

340000.00

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

Corporation

Originating Lender Location Id

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345216.44

Forgiveness Date

11/03/2021

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