PPP Loan information for Hydrostatic pipe service, inc.

$583,900

Hydrostatic pipe service, inc. was initially approved for PPP Loan of amount $583,900, the current approved amount is $583,900. The loan was approved on 04/10/2020 by The Western Commerce Bank reported 53 jobs and $583,900 was used to fund payroll.

Hydrostatic pipe service, inc. is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Hydrostatic pipe service, inc.

HYDROSTATIC PIPE SERVICE, INC.

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

HYDROSTATIC PIPE SERVICE, INC.

Borrower Address

3030 W Marland

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-8657

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583900.00

Current Approval Amount

583900.00

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

N

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

53

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

466900.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

108000.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

589563.03

Forgiveness Date

04/05/2021

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