PPP Loan information for Portales concrete inc.

$40,000

Portales concrete inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/27/2020 by The James Polk Stone Community Bank reported 11 jobs and $40,000 was used to fund payroll.

Portales concrete inc. is Existing or more than 2 years old

PORTALES CONCRETE INC.

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PORTALES CONCRETE INC.

Borrower Address

2010 S ROOSEVELT ROAD 6

Borrower City

PORTALES

Borrower State

NM

Borrower Zip

88130-9116

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45931

Servicing Lender Name

James Polk Stone Community Bank

Servicing Lender Address

109 E 2nd St

Servicing Lender City

PORTALES

Servicing Lender State

NM

Servicing Lender Zip

88130-6203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTALES

Project County Name

ROOSEVELT

Project State

NM

Project Zip

88130-9116

CD

NM-03

Jobs Reported

11

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

45931

Originating Lender

James Polk Stone Community Bank

Originating Lender City

PORTALES

Originating Lender State

NM

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40207.78

Forgiveness Date

11/05/2020

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