Desert Sun Motors INC

$448,500 PPP Loan in Alamogordo, New Mexico

Loan Details

Loan Number
8019367004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$448,500
Current Approval
$448,500
Forgiveness Amount
$451,515
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Desert Sun Motors INC
Address
2600 N White Sands Blvd
ZIP Code
88310-6118
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
NM-02

Loan Use Breakdown

Payroll
$448,500

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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