PPP Loan information for Hidalgo medical services

$1,800,000

Hidalgo medical services was initially approved for PPP Loan of amount $1,800,000, the current approved amount is $1,800,000. The loan was approved on 04/03/2020 by The Western Bank reported 235 jobs and $1,800,000 was used to fund payroll.

Hidalgo medical services is Existing or more than 2 years old

HIDALGO MEDICAL SERVICES

Date Approved

04/03/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

HIDALGO MEDICAL SERVICES

Borrower Address

530 DeMoss Street

Borrower City

LORDSBURG

Borrower State

NM

Borrower Zip

88045-2617

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1800000.00

Current Approval Amount

1800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45820

Servicing Lender Name

Western Bank

Servicing Lender Address

140 E Motel Dr

Servicing Lender City

LORDSBURG

Servicing Lender State

NM

Servicing Lender Zip

88045-1919

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LORDSBURG

Project County Name

HIDALGO

Project State

NM

Project Zip

88045-2617

CD

NM-02

Jobs Reported

235

NAICS Code

621111

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

450000.00

Payroll Proceed

1350000.00

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

Non-Profit Organization

Originating Lender Location Id

45820

Originating Lender

Western Bank

Originating Lender City

LORDSBURG

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1810550.00

Forgiveness Date

11/09/2020

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