PPP Loan information for Klein automation & electric, inc.

$1,646,400

Klein automation & electric, inc. was initially approved for PPP Loan of amount $1,646,400, the current approved amount is $1,646,400. The loan was approved on 04/10/2020 by The Lea County State Bank reported 130 jobs and $1,646,400 was used to fund payroll.

Klein automation & electric, inc. is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / Klein automation & electric, inc.

KLEIN AUTOMATION & ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

KLEIN AUTOMATION & ELECTRIC, INC.

Borrower Address

2415 N French Dr

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-9380

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1646400.00

Current Approval Amount

1646400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-0200

CD

NM-03

Jobs Reported

130

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14940.00

Payroll Proceed

1545030.00

Mortgage Interest Proceed

0.00

Rent Proceed

54000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

32430

Business Type

Corporation

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1658263.10

Forgiveness Date

01/06/2021

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