PPP Loan information for Hobbs hospitality

$80,100

Hobbs hospitality was initially approved for PPP Loan of amount $80,100, the current approved amount is $80,100. The loan was approved on 04/08/2020 by The First American Bank reported 16 jobs and $80,100 was used to fund payroll.

Hobbs hospitality is Existing or more than 2 years old

HOBBS HOSPITALITY

Date Approved

04/08/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

HOBBS HOSPITALITY

Borrower Address

3510 N. Central

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80100.00

Current Approval Amount

80100.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-0200

CD

NM-03

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80689.62

Forgiveness Date

01/07/2021

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