# PPP loan: THE ESPANOLA MERCANTILE COMPANY
> **$1.18M** approved 02/05/2021 · Paid in Full · Loan `3741658401`
## Borrower
- **Name:** THE ESPANOLA MERCANTILE COMPANY
- **Address:** 1302 N Riverside Dr, Espanola, NM, 87532-2943
- **NAICS:** 212321
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.22M (103%)
- **Forgiveness date:** 05/28/2024
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.18M
- **Utilities:** $1
- **Jobs reported:** 117
## Lender
- **Originating:** Century Bank
- **Servicing:** Century Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*