PPP Loan information for Sands motel

$5,639

Sands motel was initially approved for PPP Loan of amount $5,639, the current approved amount is $5,639. The loan was approved on 04/27/2020 by The James Polk Stone Community Bank reported 2 jobs and $5,639 was used to fund payroll.

Sands motel is Existing or more than 2 years old

PPP Loan Search / NM / PORTALES / Sands motel

SANDS MOTEL

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SANDS MOTEL

Borrower Address

1130 W 1ST ST

Borrower City

PORTALES

Borrower State

NM

Borrower Zip

88130-6610

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5639.00

Current Approval Amount

5639.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTALES

Project County Name

ROOSEVELT

Project State

NM

Project Zip

88130-6610

CD

NM-03

Jobs Reported

2

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

563.90

Payroll Proceed

4511.20

Mortgage Interest Proceed

563.90

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

45931

Originating Lender

James Polk Stone Community Bank

Originating Lender City

PORTALES

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2653.59

Forgiveness Date

11/17/2020

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