PPP Loan information for Continental machining company

$574,600

Continental machining company was initially approved for PPP Loan of amount $574,600, the current approved amount is $574,600. The loan was approved on 06/29/2020 by The New Mexico Bank & Trust reported 48 jobs and $574,600 was used to fund payroll.

Continental machining company is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / Continental machining company

CONTINENTAL MACHINING COMPANY

Date Approved

06/29/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CONTINENTAL MACHINING COMPANY

Borrower Address

6824 WASHINGTON ST NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87109-4421

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

574600.00

Current Approval Amount

574600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122820

Servicing Lender Name

New Mexico Bank & Trust

Servicing Lender Address

320 Gold SW, Ste 100

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87102-3240

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87109-4421

CD

NM-01

Jobs Reported

48

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

574600.00

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

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

576835.43

Forgiveness Date

11/20/2020

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