PPP Loan information for Sands motel

$5,400

Sands motel was initially approved for PPP Loan of amount $12,500, the current approved amount is $5,400. The loan was approved on 04/08/2020 by The Poppy Bank reported 3 jobs and $5,400 was used to fund payroll.

Sands motel is Existing or more than 2 years old

PPP Loan Search / NM / GRANTS / Sands motel

SANDS MOTEL

Date Approved

04/08/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SANDS MOTEL

Borrower Address

112 McArthur Street

Borrower City

GRANTS

Borrower State

NM

Borrower Zip

87020-2409

Loan Status Date

06/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

5400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433106

Servicing Lender Name

Poppy Bank

Servicing Lender Address

438 First St

Servicing Lender City

SANTA ROSA

Servicing Lender State

CA

Servicing Lender Zip

95401-8305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRANTS

Project County Name

CIBOLA

Project State

NM

Project Zip

87020-2409

CD

NM-02

Jobs Reported

3

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

433106

Originating Lender

Poppy Bank

Originating Lender City

SANTA ROSA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5467.95

Forgiveness Date

07/27/2021

;