PPP Loan information for Hydrostatic pipe service

$532,665

Hydrostatic pipe service was initially approved for PPP Loan of amount $532,665, the current approved amount is $532,665. The loan was approved on 01/30/2021 by The Western Commerce Bank reported 39 jobs and $532,665 was used to fund payroll.

Hydrostatic pipe service is Existing or more than 2 years old

HYDROSTATIC PIPE SERVICE

Date Approved

01/30/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

HYDROSTATIC PIPE SERVICE

Borrower Address

3030 W Marland St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-8657

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

532664.75

Current Approval Amount

532664.75

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

88240-8657

CD

NM-03

Jobs Reported

39

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

532660.75

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

537057.41

Forgiveness Date

12/01/2021

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