PPP Loan information for Pace oilfield services inc

$478,281

Pace oilfield services inc was initially approved for PPP Loan of amount $478,281, the current approved amount is $478,281. The loan was approved on 01/22/2021 by The Lea County State Bank reported 31 jobs and $478,281 was used to fund payroll.

Pace oilfield services inc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Pace oilfield services inc

PACE OILFIELD SERVICES INC

Date Approved

01/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

PACE OILFIELD SERVICES INC

Borrower Address

2119 N French Dr

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-9238

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

478280.85

Current Approval Amount

478280.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-9238

CD

NM-03

Jobs Reported

31

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

478277.85

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

481255.36

Forgiveness Date

09/13/2021

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