PPP Loan information for Adobe precision gear inc.

$37,000

Adobe precision gear inc. was initially approved for PPP Loan of amount $37,000, the current approved amount is $37,000. The loan was approved on 01/22/2021 by The Bank of the Southwest reported 5 jobs and $37,000 was used to fund payroll.

Adobe precision gear inc. is Existing or more than 2 years old

ADOBE PRECISION GEAR INC.

Date Approved

01/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

ADOBE PRECISION GEAR INC.

Borrower Address

211 W Wood Ave

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-5446

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37000.00

Current Approval Amount

37000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-5446

CD

NM-02

Jobs Reported

5

NAICS Code

333612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37283.84

Forgiveness Date

11/02/2021

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