Rico Motor Company

$710,535 PPP Loan in Gallup, New Mexico

Loan Details

Loan Number
1048188601
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$710,535
Current Approval
$710,535
Forgiveness Amount
$717,996
Forgiveness Date
Mar 30, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rico Motor Company
Address
220 S Fifth St
City
Gallup
ZIP Code
87301-5302
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$22.9M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$710,530
Utilities
$1

Lender Information

Servicing Lender
Bank of Colorado
Originating Lender
Bank of Colorado

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