PPP Loan information for Solvangen farm

$20,833

Solvangen farm was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/09/2021 by The New Mexico Bank & Trust reported 1 jobs and $20,833 was used to fund payroll.

Solvangen farm is Existing or more than 2 years old

SOLVANGEN FARM

Date Approved

04/09/2021

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SOLVANGEN FARM

Borrower Address

181 Horseshoe Rd

Borrower City

Cimarron

Borrower State

NM

Borrower Zip

87714-9731

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122820

Servicing Lender Name

New Mexico Bank & Trust

Servicing Lender Address

320 Gold SW, Ste 100

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87102-3240

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cimarron

Project County Name

COLFAX

Project State

NM

Project Zip

87714-9731

CD

NM-03

Jobs Reported

1

NAICS Code

112111

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20832.00

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

Sole Proprietorship

Originating Lender Location Id

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20908.34

Forgiveness Date

08/31/2021

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