PPP Loan information for Schepps new mexico development corp

$343,555

Schepps new mexico development corp was initially approved for PPP Loan of amount $343,555, the current approved amount is $343,555. The loan was approved on 04/28/2020 by The State Empl CU reported 42 jobs and $343,555 was used to fund payroll.

Schepps new mexico development corp is Existing or more than 2 years old

SCHEPPS NEW MEXICO DEVELOPMENT CORP

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SCHEPPS NEW MEXICO DEVELOPMENT CORP

Borrower Address

303 East Alameda

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87501-2229

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343555.00

Current Approval Amount

343555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101180

Servicing Lender Name

State Empl CU

Servicing Lender Address

813 St. Michael's Dr

Servicing Lender City

SANTA FE

Servicing Lender State

NM

Servicing Lender Zip

87505-7607

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

87501-2229

CD

NM-03

Jobs Reported

42

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

274844.00

Mortgage Interest Proceed

32911.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

101180

Originating Lender

State Empl CU

Originating Lender City

SANTA FE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346265.79

Forgiveness Date

02/18/2021

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