PPP Loan information for Varco electric, llc

$557,300

Varco electric, llc was initially approved for PPP Loan of amount $557,300, the current approved amount is $557,300. The loan was approved on 04/27/2020 by The Western Commerce Bank reported 31 jobs and $557,300 was used to fund payroll.

Varco electric, llc is Existing or more than 2 years old

PPP Loan Search / NM / CARLSBAD / Varco electric, llc

VARCO ELECTRIC, LLC

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

VARCO ELECTRIC, LLC

Borrower Address

5319 SIERRA VISTA DR

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-9427

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557300.00

Current Approval Amount

557300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

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

88220-9427

CD

NM-02

Jobs Reported

31

NAICS Code

221111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

557300.00

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

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

563666.96

Forgiveness Date

06/22/2021

;