Webb Automotive Group INC

$1,407,400 PPP Loan in Farmington, New Mexico

Loan Details

Loan Number
4554077004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,407,400
Current Approval
$1,407,400
Forgiveness Amount
$1,416,191
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Webb Automotive Group INC
Address
3911 East Main Street
ZIP Code
87402-8721
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
117
Estimated Revenue
$29.5M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$1,125,913
Rent
$264,684
Utilities
$16,803

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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