PPP Loan information for Horsepower electric llc

$122,300

Horsepower electric llc was initially approved for PPP Loan of amount $122,300, the current approved amount is $122,300. The loan was approved on 01/27/2021 by The First American Bank reported 8 jobs and $122,300 was used to fund payroll.

Horsepower electric llc is Existing or more than 2 years old

PPP Loan Search / NM / Artesia / Horsepower electric llc

HORSEPOWER ELECTRIC LLC

Date Approved

01/27/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

HORSEPOWER ELECTRIC LLC

Borrower Address

28 Jenkins Dr

Borrower City

Artesia

Borrower State

NM

Borrower Zip

88210-9239

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122300.00

Current Approval Amount

122300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

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

88210-9239

CD

NM-03

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122296.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122802.79

Forgiveness Date

06/25/2021

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