PPP Loan information for L & r well service, inc

$1,041,077

L & r well service, inc was initially approved for PPP Loan of amount $1,041,077, the current approved amount is $1,041,077. The loan was approved on 04/06/2020 by The Western Bank, Artesia, New Mexico reported 58 jobs and $1,041,077 was used to fund payroll.

L & r well service, inc is Existing or more than 2 years old

PPP Loan Search / NM / ARTESIA / L & r well service, inc

L & R WELL SERVICE, INC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

L & R WELL SERVICE, INC

Borrower Address

1ST ST

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88210-9735

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1041077.00

Current Approval Amount

1041077.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45726

Servicing Lender Name

Western Bank, Artesia, New Mexico

Servicing Lender Address

320 W Texas

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARTESIA

Project County Name

EDDY

Project State

NM

Project Zip

88210-9735

CD

NM-03

Jobs Reported

58

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

69077.00

Payroll Proceed

872000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85000.00

Debt Interest Proceed

15000

Business Type

Corporation

Originating Lender Location Id

45726

Originating Lender

Western Bank, Artesia, New Mexico

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1047439.14

Forgiveness Date

11/20/2020

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