PPP Loan information for Cable repair of hobbs inc

$328,309

Cable repair of hobbs inc was initially approved for PPP Loan of amount $328,309, the current approved amount is $328,309. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 17 jobs and $328,309 was used to fund payroll.

Cable repair of hobbs inc is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / Cable repair of hobbs inc

CABLE REPAIR OF HOBBS INC

Date Approved

05/01/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CABLE REPAIR OF HOBBS INC

Borrower Address

1800 SOUTH GRIMES

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328309.00

Current Approval Amount

328309.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

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

88240-0200

CD

NM-03

Jobs Reported

17

NAICS Code

213112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

328309.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331942.89

Forgiveness Date

06/16/2021

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