PPP Loan information for Mega power electric, llc

$242,600

Mega power electric, llc was initially approved for PPP Loan of amount $242,600, the current approved amount is $242,600. The loan was approved on 02/17/2021 by The First American Bank reported 11 jobs and $242,600 was used to fund payroll.

Mega power electric, llc is Existing or more than 2 years old

PPP Loan Search / NM / Carlsbad / Mega power electric, llc

MEGA POWER ELECTRIC, LLC

Date Approved

02/17/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

MEGA POWER ELECTRIC, LLC

Borrower Address

3221 National Parks Hwy

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-5354

Loan Status Date

09/07/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

242600.00

Current Approval Amount

242600.00

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

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-5354

CD

NM-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

242595.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;