# PPP loan: ROSES SOUTHWEST PAPERS INC
> **$1.24M** approved 01/20/2021 · Paid in Full · Loan `2301528301`
## Borrower
- **Name:** ROSES SOUTHWEST PAPERS INC
- **Address:** 1701 2nd St SW, Albuquerque, NM, 87102-4505
- **NAICS:** 322291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.24M
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*