PPP Loan information for Red line oilfield service llc

$320,900

Red line oilfield service llc was initially approved for PPP Loan of amount $320,900, the current approved amount is $320,900. The loan was approved on 02/13/2021 by The First American Bank reported 20 jobs and $320,900 was used to fund payroll.

Red line oilfield service llc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Red line oilfield service llc

RED LINE OILFIELD SERVICE LLC

Date Approved

02/13/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RED LINE OILFIELD SERVICE LLC

Borrower Address

222 NW County Rd

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-9376

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320900.00

Current Approval Amount

320900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-9376

CD

NM-03

Jobs Reported

20

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

320897.00

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

Subchapter S 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

322763.00

Forgiveness Date

09/15/2021

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