PPP Loan information for 50-50 backhoe service llc

$530,583

50-50 backhoe service llc was initially approved for PPP Loan of amount $804,936, the current approved amount is $530,583. The loan was approved on 04/06/2020 by The Western Bank, Artesia, New Mexico reported 42 jobs and $530,583 was used to fund payroll.

50-50 backhoe service llc is Existing or more than 2 years old

50-50 BACKHOE SERVICE LLC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

50-50 BACKHOE SERVICE LLC

Borrower Address

PO BOX

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88211-0375

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

804936.17

Current Approval Amount

530583.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45726

Servicing Lender Name

Western Bank, Artesia, New Mexico

Servicing Lender Address

320 W Texas

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARTESIA

Project County Name

EDDY

Project State

NM

Project Zip

88211-0375

CD

NM-03

Jobs Reported

42

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8387.00

Payroll Proceed

418677.00

Mortgage Interest Proceed

0.00

Rent Proceed

19608.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60156.00

Debt Interest Proceed

23755

Business Type

Limited Liability Partnership

Originating Lender Location Id

45726

Originating Lender

Western Bank, Artesia, New Mexico

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

533810.71

Forgiveness Date

11/19/2020

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