Sands Motel

$5,639 PPP Loan in Portales, New Mexico

Loan Details

Loan Number
5515397204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$5,639
Current Approval
$5,639
Forgiveness Amount
$5,678
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sands Motel
Address
1130 W 1st St
ZIP Code
88130-6610
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$4,511
Utilities
$564
Mortgage Interest
$564

Lender Information

Servicing Lender
James Polk Stone Community Bank
Originating Lender
James Polk Stone Community Bank

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