PPP Loan information for Plains welding supply, inc.

$343,600

Plains welding supply, inc. was initially approved for PPP Loan of amount $343,600, the current approved amount is $343,600. The loan was approved on 04/08/2020 by The First American Bank reported 17 jobs and $343,600 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

04/08/2020

SBA Office Code

0682

Processing Method

PPP

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

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343600.00

Current Approval Amount

343600.00

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

17

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

343600.00

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

346243.81

Forgiveness Date

01/25/2021

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