PPP Loan information for Southwest asset management, inc

$245,100

Southwest asset management, inc was initially approved for PPP Loan of amount $245,100, the current approved amount is $245,100. The loan was approved on 04/10/2020 by The Western Commerce Bank reported 30 jobs and $245,100 was used to fund payroll.

Southwest asset management, inc is Existing or more than 2 years old

PPP Loan Search / NM / SANTA FE / Southwest asset management, inc

SOUTHWEST ASSET MANAGEMENT, INC

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SOUTHWEST ASSET MANAGEMENT, INC

Borrower Address

420 OLD SANTA FE TRL

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87501-2770

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245100.00

Current Approval Amount

245100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

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

87501-2770

CD

NM-03

Jobs Reported

30

NAICS Code

531311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3900.00

Payroll Proceed

230000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

247342.83

Forgiveness Date

03/18/2021

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