Grants 1505 LLC

$43,700 PPP Loan in Grants, New Mexico

Loan Details

Loan Number
5219587001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$43,700
Current Approval
$43,700
Forgiveness Amount
$44,126
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grants 1505 LLC
Address
1505 E Santa Fe Ave
City
Grants
ZIP Code
87020-4005
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Motel 6
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NM-02

Loan Use Breakdown

Payroll
$33,700
Utilities
$2,000
Mortgage Interest
$8,000

Lender Information

Servicing Lender
Western Commerce Bank
Originating Lender
Western Commerce Bank

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