Rio Valley Chili Inc.

$569,960 PPP Loan in Rincon, New Mexico

Loan Details

Loan Number
6902137005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$569,960
Current Approval
$569,960
Forgiveness Amount
$575,517
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rio Valley Chili Inc.
Address
Po Box 131
City
Rincon
ZIP Code
87940-0131
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111998)
Business Age
New Business or 2 years or less
Jobs Reported
51
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
NM-02

Loan Use Breakdown

Payroll
$500,000
Utilities
$69,960

Lender Information

Servicing Lender
Citizens Bank of Las Cruces
Originating Lender
Citizens Bank of Las Cruces

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