PPP Loan information for Desert hills electric supply, inc

$595,532

Desert hills electric supply, inc was initially approved for PPP Loan of amount $764,655, the current approved amount is $595,532. The loan was approved on 04/06/2020 by The Western Bank, Artesia, New Mexico reported 60 jobs and $595,532 was used to fund payroll.

Desert hills electric supply, inc is Existing or more than 2 years old

PPP Loan Search / NM / ARTESIA / Desert hills electric supply, inc

DESERT HILLS ELECTRIC SUPPLY, INC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

DESERT HILLS ELECTRIC SUPPLY, INC

Borrower Address

COMMERCE RD

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88210-9432

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

764655.00

Current Approval Amount

595531.68

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

88210-9432

CD

NM-03

Jobs Reported

60

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433368.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

162163.68

Debt Interest Proceed

0

Business Type

Corporation

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

598889.82

Forgiveness Date

11/03/2020

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