PPP Loan information for Morenos electric, llc

$73,705

Morenos electric, llc was initially approved for PPP Loan of amount $73,705, the current approved amount is $73,705. The loan was approved on 04/06/2020 by The Western Bank, Artesia, New Mexico reported 10 jobs and $73,705 was used to fund payroll.

Morenos electric, llc is Existing or more than 2 years old

MORENOS ELECTRIC, LLC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MORENOS ELECTRIC, LLC

Borrower Address

807 CHISUM AVE

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88210-1909

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73705.00

Current Approval Amount

73705.00

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

88210-1909

CD

NM-03

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73705.00

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

Limited Liability Company(LLC)

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

74255.74

Forgiveness Date

01/08/2021

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