PPP Loan information for American medical group inc

$934,200

American medical group inc was initially approved for PPP Loan of amount $934,200, the current approved amount is $934,200. The loan was approved on 02/17/2021 by The First American Bank reported 95 jobs and $934,200 was used to fund payroll.

American medical group inc is Existing or more than 2 years old

AMERICAN MEDICAL GROUP INC

Date Approved

02/17/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

AMERICAN MEDICAL GROUP INC

Borrower Address

2410 N Fowler St Ste B

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-2312

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

934200.00

Current Approval Amount

934200.00

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

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-2312

CD

NM-03

Jobs Reported

95

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

934198.00

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

Corporation

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

943957.20

Forgiveness Date

03/03/2022

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