PPP Loan information for Hobbs anchor inc.

$305,500

Hobbs anchor inc. was initially approved for PPP Loan of amount $305,500, the current approved amount is $305,500. The loan was approved on 01/27/2021 by The First American Bank reported 15 jobs and $305,500 was used to fund payroll.

Hobbs anchor inc. is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Hobbs anchor inc.

HOBBS ANCHOR INC.

Date Approved

01/27/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

HOBBS ANCHOR INC.

Borrower Address

1305 W Broadway Pl

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-5507

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305500.00

Current Approval Amount

305500.00

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

88240-5507

CD

NM-03

Jobs Reported

15

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305496.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306874.75

Forgiveness Date

07/14/2021

;