PPP Loan information for Drive train inc

$100,005

Drive train inc was initially approved for PPP Loan of amount $100,005, the current approved amount is $100,005. The loan was approved on 03/12/2021 by The Western Commerce Bank reported 4 jobs and $100,005 was used to fund payroll.

Drive train inc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Drive train inc

DRIVE TRAIN INC

Date Approved

03/12/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

DRIVE TRAIN INC

Borrower Address

112 S Cochran St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-6017

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100005.00

Current Approval Amount

100005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

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

88240-6017

CD

NM-03

Jobs Reported

4

NAICS Code

213112

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

99999.00

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

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100487.22

Forgiveness Date

09/09/2021

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