PPP Loan information for Milford pipe and supply, inc.

$2,862,456

Milford pipe and supply, inc. was initially approved for PPP Loan of amount $2,862,456, the current approved amount is $2,862,456. The loan was approved on 04/09/2020 by The American Momentum Bank reported 269 jobs and $2,862,456 was used to fund payroll.

Milford pipe and supply, inc. is Existing or more than 2 years old

MILFORD PIPE AND SUPPLY, INC.

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MILFORD PIPE AND SUPPLY, INC.

Borrower Address

1224 BROADWAY PL

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2862456.00

Current Approval Amount

2862456.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

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

269

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2862456.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2804713.95

Forgiveness Date

05/12/2022

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