PPP Loan information for Majestic farms inc

$55,300

Majestic farms inc was initially approved for PPP Loan of amount $55,300, the current approved amount is $55,300. The loan was approved on 04/27/2020 by The Bank of the Southwest reported 4 jobs and $55,300 was used to fund payroll.

Majestic farms inc is New Business or 2 years or less

PPP Loan Search / NM / Hatch / Majestic farms inc

MAJESTIC FARMS INC

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MAJESTIC FARMS INC

Borrower Address

PO Box 217

Borrower City

Hatch

Borrower State

NM

Borrower Zip

87937

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55300.00

Current Approval Amount

55300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Hatch

Project County Name

DONA ANA

Project State

NM

Project Zip

87937-0001

CD

NM-02

Jobs Reported

4

NAICS Code

111219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55300.00

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

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55992.39

Forgiveness Date

08/05/2021

;