Richland Motors LLC

$662,800 PPP Loan in Roswell, New Mexico

Loan Details

Loan Number
3074667109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$662,800
Current Approval
$662,800
Forgiveness Amount
$667,624
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Richland Motors LLC
Address
2601 W. 2nd St
ZIP Code
88201-1266
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
48
Estimated Revenue
$12.1M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$662,800

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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