PPP Loan information for Santa fe motor company

$813,800

Santa fe motor company was initially approved for PPP Loan of amount $813,800, the current approved amount is $813,800. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 69 jobs and $813,800 was used to fund payroll.

Santa fe motor company is Existing or more than 2 years old

SANTA FE MOTOR COMPANY

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SANTA FE MOTOR COMPANY

Borrower Address

4450 Cerrillos Road

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87507-9722

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

813800.00

Current Approval Amount

813800.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA FE

Project County Name

SANTA FE

Project State

NM

Project Zip

87507-9722

CD

NM-03

Jobs Reported

69

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

101725.00

Payroll Proceed

610350.00

Mortgage Interest Proceed

0.00

Rent Proceed

101725.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

823294.33

Forgiveness Date

06/11/2021

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