Trilochan Motel INC

$48,100 PPP Loan in Raton, New Mexico

Loan Details

Loan Number
6115537008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$48,100
Current Approval
$48,100
Forgiveness Amount
$48,470
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Trilochan Motel INC
Address
533 Clayton Rd
City
Raton
ZIP Code
87740-2367
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Quality Inn by Choice Hotels /quality Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$36,093
Utilities
$6,003
Mortgage Interest
$6,004

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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