PPP Loan information for Cogburn pipe and supply inc

$49,447

Cogburn pipe and supply inc was initially approved for PPP Loan of amount $49,447, the current approved amount is $49,447. The loan was approved on 01/28/2021 by The Lea County State Bank reported 4 jobs and $49,447 was used to fund payroll.

Cogburn pipe and supply inc is Existing or more than 2 years old

COGBURN PIPE AND SUPPLY INC

Date Approved

01/28/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

COGBURN PIPE AND SUPPLY INC

Borrower Address

800 W Broadway

Borrower City

Tatum

Borrower State

NM

Borrower Zip

88267

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49447.15

Current Approval Amount

49447.15

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

Tatum

Project County Name

LEA

Project State

NM

Project Zip

88267

CD

NM-02

Jobs Reported

4

NAICS Code

324199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49445.15

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

Subchapter S Corporation

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49625.97

Forgiveness Date

06/15/2021

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