PPP Loan information for L & m asset management inc

$77,800

L & m asset management inc was initially approved for PPP Loan of amount $77,800, the current approved amount is $77,800. The loan was approved on 04/05/2020 by The Western Heritage Bank reported 11 jobs and $77,800 was used to fund payroll.

L & m asset management inc is Existing or more than 2 years old

PPP Loan Search / NM / SANTA TERESA / L & m asset management inc

L & M ASSET MANAGEMENT INC

Date Approved

04/05/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

L & M ASSET MANAGEMENT INC

Borrower Address

5290 MCNUTT RD STE 101

Borrower City

SANTA TERESA

Borrower State

NM

Borrower Zip

88008-2000

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77800.00

Current Approval Amount

77800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203276

Servicing Lender Name

Western Heritage Bank

Servicing Lender Address

230 S Alameda Ave

Servicing Lender City

LAS CRUCES

Servicing Lender State

NM

Servicing Lender Zip

88005-2619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA TERESA

Project County Name

DONA ANA

Project State

NM

Project Zip

88008-2000

CD

NM-02

Jobs Reported

11

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77800.00

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

203276

Originating Lender

Western Heritage Bank

Originating Lender City

LAS CRUCES

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78374.86

Forgiveness Date

01/07/2021

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