PPP Loan information for Aries well service inc.

$2,000,000

Aries well service inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/19/2021 by The American Momentum Bank reported 111 jobs and $2,000,000 was used to fund payroll.

Aries well service inc. is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Aries well service inc.

ARIES WELL SERVICE INC.

Date Approved

02/19/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

ARIES WELL SERVICE INC.

Borrower Address

2626 W Marland St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-8653

Loan Status Date

04/15/2022

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

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

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

88240-8653

CD

NM-03

Jobs Reported

111

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021111.11

Forgiveness Date

03/11/2022

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