PPP Loan information for L&m oilfield equipment and services, llc

$157,870

L&m oilfield equipment and services, llc was initially approved for PPP Loan of amount $157,870, the current approved amount is $157,870. The loan was approved on 04/08/2020 by The Farmers State Bank of NewCastle reported 10 jobs and $157,870 was used to fund payroll.

L&m oilfield equipment and services, llc is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / L&m oilfield equipment and services, llc

L&M OILFIELD EQUIPMENT AND SERVICES, LLC

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

L&M OILFIELD EQUIPMENT AND SERVICES, LLC

Borrower Address

9913 W CR 146

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79706

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157870.00

Current Approval Amount

157870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71522

Servicing Lender Name

Farmers State Bank of NewCastle

Servicing Lender Address

722 Broadway

Servicing Lender City

NEWCASTLE

Servicing Lender State

TX

Servicing Lender Zip

76372

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-0200

CD

TX-11

Jobs Reported

10

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1273.00

Payroll Proceed

131768.00

Mortgage Interest Proceed

7222.00

Rent Proceed

17607.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

71522

Originating Lender

Farmers State Bank of NewCastle

Originating Lender City

NEWCASTLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159223.79

Forgiveness Date

02/18/2021

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