Santa Fe Motor Company

$813,800 PPP Loan in Santa Fe, New Mexico

Loan Details

Loan Number
3614397102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$813,800
Current Approval
$813,800
Forgiveness Amount
$823,294
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Santa Fe Motor Company
Address
4450 Cerrillos Road
ZIP Code
87507-9722
Business Type
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
69
Estimated Revenue
$17.4M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$610,350
Rent
$101,725
Utilities
$101,725

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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