PPP Loan information for Plains welding supply inc.

$303,800

Plains welding supply inc. was initially approved for PPP Loan of amount $303,800, the current approved amount is $303,800. The loan was approved on 01/28/2021 by The First American Bank reported 19 jobs and $303,800 was used to fund payroll.

Plains welding supply inc. is Existing or more than 2 years old

PPP Loan Search / NM / Carlsbad / Plains welding supply inc.

PLAINS WELDING SUPPLY INC.

Date Approved

01/28/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

PLAINS WELDING SUPPLY INC.

Borrower Address

522 S Main St

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-6241

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303800.00

Current Approval Amount

303800.00

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

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

88220-6241

CD

NM-02

Jobs Reported

19

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

303794.00

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

Subchapter S Corporation

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305437.14

Forgiveness Date

08/18/2021

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