PPP Loan information for Classic roustabout & welding services ll

$50,000

Classic roustabout & welding services ll was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/27/2021 by The Lea County State Bank reported 4 jobs and $50,000 was used to fund payroll.

Classic roustabout & welding services ll is Existing or more than 2 years old

CLASSIC ROUSTABOUT & WELDING SERVICES LL

Date Approved

04/27/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

CLASSIC ROUSTABOUT & WELDING SERVICES LL

Borrower Address

1515 N Industrial St

Borrower City

Lovington

Borrower State

NM

Borrower Zip

88260-2909

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lovington

Project County Name

LEA

Project State

NM

Project Zip

88260-2909

CD

NM-03

Jobs Reported

4

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49993.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50350.68

Forgiveness Date

01/18/2022

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