PPP Loan information for Credo energy services, llc

$301,600

Credo energy services, llc was initially approved for PPP Loan of amount $301,600, the current approved amount is $301,600. The loan was approved on 04/13/2020 by The First American Bank reported 20 jobs and $301,600 was used to fund payroll.

Credo energy services, llc is Existing or more than 2 years old

CREDO ENERGY SERVICES, LLC

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CREDO ENERGY SERVICES, LLC

Borrower Address

7807 N. World Dr.

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88242-8856

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301600.00

Current Approval Amount

301600.00

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

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

88242-8856

CD

NM-03

Jobs Reported

20

NAICS Code

213112

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

301600.00

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

Partnership

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304197.11

Forgiveness Date

02/26/2021

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