Lago Rico, LLC
$112,300 PPP Loan in Elephant Butte, New Mexico
Loan Details
- Loan Number
- 3019257210
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $112,300
- Current Approval
- $112,300
- Forgiveness Amount
- $113,005
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lago Rico, LLC
- Address
- 101 South Highway 95
- City
- Elephant Butte
- State
- New Mexico
- ZIP Code
- 87935
- Business Type
- Corporation
- Industry (NAICS)
- Arts, Entertainment, and Recreation (713930)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- NM-02
Loan Use Breakdown
- Payroll
- $112,300
Lender Information
- Servicing Lender
- Bank of the Southwest
- Originating Lender
- Bank of the Southwest
Other PPP Loans in Elephant Butte, NM
| Business | Approved | |
|---|---|---|
| Sierra Electric Coop | $254,300 |  AI Deep Dive |
| Garrett Western Construction Co. Inc. | $53,647 | AI Deep Dive |
| C & K Automotive Service & Repair Inc. | $34,775 | AI Deep Dive |
| Butte General Store & Marine LLC | $33,363 | AI Deep Dive |
| Ram Hospitality LLC | $33,002 | AI Deep Dive |
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