PPP Loan information for J-hobbs machine

$538,105

J-hobbs machine was initially approved for PPP Loan of amount $538,105, the current approved amount is $538,105. The loan was approved on 04/27/2020 by The Community National Bank reported 31 jobs and $538,105 was used to fund payroll.

J-hobbs machine is Existing or more than 2 years old

J-HOBBS MACHINE

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

J-HOBBS MACHINE

Borrower Address

6401 W COUNTY ROAD 44

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79707-2510

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538105.00

Current Approval Amount

538105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-2510

CD

TX-11

Jobs Reported

31

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

538105.00

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

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

541797.00

Forgiveness Date

01/08/2021

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