PPP Loan information for A. r. c. power-line construction, llc

$393,418

A. r. c. power-line construction, llc was initially approved for PPP Loan of amount $469,744, the current approved amount is $393,418. The loan was approved on 04/07/2020 by The Western Bank, Artesia, New Mexico reported 26 jobs and $393,418 was used to fund payroll.

A. r. c. power-line construction, llc is Existing or more than 2 years old

A. R. C. POWER-LINE CONSTRUCTION, LLC

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

A. R. C. POWER-LINE CONSTRUCTION, LLC

Borrower Address

Seven Rivers Hwy

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88210-9111

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469743.60

Current Approval Amount

393417.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45726

Servicing Lender Name

Western Bank, Artesia, New Mexico

Servicing Lender Address

320 W Texas

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARTESIA

Project County Name

EDDY

Project State

NM

Project Zip

88210-9111

CD

NM-02

Jobs Reported

26

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3622.94

Payroll Proceed

375794.88

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45726

Originating Lender

Western Bank, Artesia, New Mexico

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

395614.40

Forgiveness Date

11/03/2020

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