PPP Loan information for Oil and gas equipment corporation

$287,600

Oil and gas equipment corporation was initially approved for PPP Loan of amount $287,600, the current approved amount is $287,600. The loan was approved on 04/11/2020 by The The Citizens Bank reported 23 jobs and $287,600 was used to fund payroll.

Oil and gas equipment corporation is Existing or more than 2 years old

OIL AND GAS EQUIPMENT CORPORATION

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

OIL AND GAS EQUIPMENT CORPORATION

Borrower Address

8 Road 350

Borrower City

FLORA VISTA

Borrower State

NM

Borrower Zip

87415-9685

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287600.00

Current Approval Amount

287600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORA VISTA

Project County Name

SAN JUAN

Project State

NM

Project Zip

87415-9685

CD

NM-03

Jobs Reported

23

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

193892.00

Mortgage Interest Proceed

6000.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17708.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289774.73

Forgiveness Date

01/25/2021

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