PPP Loan information for Rico motor company

$710,535

Rico motor company was initially approved for PPP Loan of amount $710,535, the current approved amount is $710,535. The loan was approved on 03/12/2021 by The Bank of Colorado reported 91 jobs and $710,535 was used to fund payroll.

Rico motor company is Existing or more than 2 years old

PPP Loan Search / NM / Gallup / Rico motor company

RICO MOTOR COMPANY

Date Approved

03/12/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RICO MOTOR COMPANY

Borrower Address

220 S Fifth St

Borrower City

Gallup

Borrower State

NM

Borrower Zip

87301-5302

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

710535.00

Current Approval Amount

710535.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gallup

Project County Name

MCKINLEY

Project State

NM

Project Zip

87301-5302

CD

NM-03

Jobs Reported

91

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

710530.00

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

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

717995.62

Forgiveness Date

03/30/2022

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