PPP Loan information for M5 electric llc

$147,100

M5 electric llc was initially approved for PPP Loan of amount $147,100, the current approved amount is $147,100. The loan was approved on 04/29/2020 by The CNB Bank reported 10 jobs and $147,100 was used to fund payroll.

M5 electric llc is Existing or more than 2 years old

M5 ELECTRIC LLC

Date Approved

04/29/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

M5 ELECTRIC LLC

Borrower Address

501 N Canyon St

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147100.00

Current Approval Amount

147100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45735

Servicing Lender Name

CNB Bank

Servicing Lender Address

202 W Stevens St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSBAD

Project County Name

EDDY

Project State

NM

Project Zip

88220-2000

CD

NM-02

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45735

Originating Lender

CNB Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

147913.14

Forgiveness Date

11/23/2020

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