PPP Loan information for G & p automation and electri,c llc

$680,000

G & p automation and electri,c llc was initially approved for PPP Loan of amount $680,000, the current approved amount is $680,000. The loan was approved on 04/13/2020 by The Lea County State Bank reported 64 jobs and $680,000 was used to fund payroll.

G & p automation and electri,c llc is Existing or more than 2 years old

G & P AUTOMATION AND ELECTRI,C LLC

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

G & P AUTOMATION AND ELECTRI,C LLC

Borrower Address

2620 E STANOLIND RD

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-8714

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680000.00

Current Approval Amount

680000.00

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

64

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

680000.00

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

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

684284.93

Forgiveness Date

12/03/2020

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