PPP Loan information for Billings electric

$50,612

Billings electric was initially approved for PPP Loan of amount $50,612, the current approved amount is $50,612. The loan was approved on 05/07/2020 by The Bank of America, National Association reported 7 jobs and $50,612 was used to fund payroll.

Billings electric is Existing or more than 2 years old

PPP Loan Search / NM / FARMINGTON / Billings electric

BILLINGS ELECTRIC

Date Approved

05/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

BILLINGS ELECTRIC

Borrower Address

2005 N LEE AVE

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87402-4431

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50612.00

Current Approval Amount

50612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87402-4431

CD

NM-03

Jobs Reported

7

NAICS Code

811211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50612.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50960.04

Forgiveness Date

01/14/2021

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