PPP Loan information for State farm insurance agent

$52,100

State farm insurance agent was initially approved for PPP Loan of amount $52,100, the current approved amount is $52,100. The loan was approved on 04/29/2020 by The New Mexico Bank & Trust reported 3 jobs and $52,100 was used to fund payroll.

State farm insurance agent is Existing or more than 2 years old

STATE FARM INSURANCE AGENT

Date Approved

04/29/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE AGENT

Borrower Address

526 SUN RANCH VILLAGE LOOP SW

Borrower City

LOS LUNAS

Borrower State

NM

Borrower Zip

87031

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52100.00

Current Approval Amount

52100.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOS LUNAS

Project County Name

VALENCIA

Project State

NM

Project Zip

87031-0001

CD

NM-01

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52100.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49387.87

Forgiveness Date

12/07/2020

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