PPP Loan information for G & p automation and electric llc

$840,704

G & p automation and electric llc was initially approved for PPP Loan of amount $840,704, the current approved amount is $840,704. The loan was approved on 01/19/2021 by The Lea County State Bank reported 70 jobs and $840,704 was used to fund payroll.

G & p automation and electric llc is Existing or more than 2 years old

G & P AUTOMATION AND ELECTRIC LLC

Date Approved

01/19/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

G & P AUTOMATION AND ELECTRIC LLC

Borrower Address

2620 E Stanolind Rd

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-8714

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

840703.62

Current Approval Amount

840703.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-8714

CD

NM-02

Jobs Reported

70

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

840699.62

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

843997.34

Forgiveness Date

06/15/2021

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