PPP Loan information for Majestic hospitality

$27,083

Majestic hospitality was initially approved for PPP Loan of amount $27,083, the current approved amount is $27,083. The loan was approved on 04/07/2020 by The First New Mexico Bank reported 6 jobs and $27,083 was used to fund payroll.

Majestic hospitality is Existing or more than 2 years old

MAJESTIC HOSPITALITY

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MAJESTIC HOSPITALITY

Borrower Address

3820 National Parks Hwy

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-5951

Loan Status Date

11/30/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27082.50

Current Approval Amount

27082.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45765

Servicing Lender Name

First New Mexico Bank

Servicing Lender Address

300 S Gold Ave

Servicing Lender City

DEMING

Servicing Lender State

NM

Servicing Lender Zip

88030-3731

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSBAD

Project County Name

EDDY

Project State

NM

Project Zip

88220-5951

CD

NM-02

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27082.50

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

45765

Originating Lender

First New Mexico Bank

Originating Lender City

DEMING

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27244.25

Forgiveness Date

11/23/2020

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