PPP Loan information for Ar foreman construction llc

$2,000,000

Ar foreman construction llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Western Commerce Bank reported 109 jobs and $2,000,000 was used to fund payroll.

Ar foreman construction llc is Existing or more than 2 years old

AR FOREMAN CONSTRUCTION LLC

Date Approved

02/17/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

AR FOREMAN CONSTRUCTION LLC

Borrower Address

1503 Commerce Dr

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-9112

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

88220-9112

CD

NM-02

Jobs Reported

109

NAICS Code

238990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

2025369.86

Forgiveness Date

05/31/2022

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