PPP Loan information for B&m welding llc

$505,500

B&m welding llc was initially approved for PPP Loan of amount $505,500, the current approved amount is $505,500. The loan was approved on 04/30/2020 by The First American Bank reported 37 jobs and $505,500 was used to fund payroll.

B&m welding llc is New Business or 2 years or less

PPP Loan Search / NM / HOBBS / B&m welding llc

B&M WELDING LLC

Date Approved

04/30/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

B&M WELDING LLC

Borrower Address

523 N 8th St

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505500.00

Current Approval Amount

505500.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-0200

CD

NM-03

Jobs Reported

37

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

505500.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510119.71

Forgiveness Date

04/01/2021

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