PPP Loan information for Mo-te drilling company, inc

$163,000

Mo-te drilling company, inc was initially approved for PPP Loan of amount $163,000, the current approved amount is $163,000. The loan was approved on 04/03/2020 by The Four Corners Community Bank reported 11 jobs and $163,000 was used to fund payroll.

Mo-te drilling company, inc is Existing or more than 2 years old

PPP Loan Search / NM / FARMINGTON / Mo-te drilling company, inc

MO-TE DRILLING COMPANY, INC

Date Approved

04/03/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MO-TE DRILLING COMPANY, INC

Borrower Address

708 S TUCKER AVE

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401-2228

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163000.00

Current Approval Amount

163000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124345

Servicing Lender Name

Four Corners Community Bank

Servicing Lender Address

500 W Main St, Ste 101

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-8447

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-2228

CD

NM-03

Jobs Reported

11

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163000.00

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

124345

Originating Lender

Four Corners Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164259.34

Forgiveness Date

01/14/2021

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