PPP Loan information for Aries well service inc

$2,276,578

Aries well service inc was initially approved for PPP Loan of amount $2,276,578, the current approved amount is $2,276,578. The loan was approved on 04/10/2020 by The American Momentum Bank reported 111 jobs and $2,276,578 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

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ARIES WELL SERVICE INC

Borrower Address

PO BOX 784

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88241

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2276578.00

Current Approval Amount

2276578.00

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

N

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

88241-0001

CD

NM-03

Jobs Reported

111

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2276578.00

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

2303138.08

Forgiveness Date

06/11/2021

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