PPP Loan information for Lake section water company, inc.

$139,400

Lake section water company, inc. was initially approved for PPP Loan of amount $139,400, the current approved amount is $139,400. The loan was approved on 04/11/2020 by The First American Bank reported 11 jobs and $139,400 was used to fund payroll.

Lake section water company, inc. is Existing or more than 2 years old

PPP Loan Search / NM / CHAPARRAL / Lake section water company, inc.

LAKE SECTION WATER COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LAKE SECTION WATER COMPANY, INC.

Borrower Address

301 Paseo Real Drive

Borrower City

CHAPARRAL

Borrower State

NM

Borrower Zip

88081

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139400.00

Current Approval Amount

139400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CHAPARRAL

Project County Name

DONA ANA

Project State

NM

Project Zip

88081-7100

CD

NM-02

Jobs Reported

11

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139400.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140402.91

Forgiveness Date

01/06/2021

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