The new InstaLoan location on Southern Blvd. near Unser Blvd. celebrated its official induction into Rio Rancho with a ribbon cutting on June 12.

“We are so grateful when we have businesses enter the community, make an investment, become a community partner, join the chamber and really integrate themselves into the community,” Mayor Gregg Hull said.

He added that Rio Rancho businesses are like a family and that everyone is proud to be a part of it.

County Commissioner Dave Heil commended InstaLoan for its contribution to the community taxes as well as gaining another business.

Jerry Schalow, president and CEO of the Rio Rancho Regional Chamber of Commerce, said he looked forward to working with InstaLoan in the future.

InstaLoan administrative staff members were grateful to the city, county and chamber for celebrating their Rio Rancho location.

“We are very excited to open a location in Rio Rancho and be able to serve the community with any emergency credits, ” said Senior Vice President Tim Pearson.

The store will be overseen by General Manager Mona Carrillo, Store Manager Mikayla Rigdon and District Director Shauna Harris.

For more information about InstaLoan, visit its website.