2 RICO LLC (CO) - 2020 PPP Loan Borrower Profile (# 2396077205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2 RICO LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Colorado.

Loan Detail

Loan Number

2396077205

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$34,457.2

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$34,835.76

Date Loan was Forgiven

Jun 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

29,457.2

Rent Proceed

1,500

Health Care Proceed

1,500

Lender

First Southwest Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

RICO, CO

Project Location

RICO, CO

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.