PPP Loan information for Rice operating company

$307,000

Rice operating company was initially approved for PPP Loan of amount $307,000, the current approved amount is $307,000. The loan was approved on 04/09/2020 by The First American Bank reported 15 jobs and $307,000 was used to fund payroll.

Rice operating company is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / Rice operating company

RICE OPERATING COMPANY

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RICE OPERATING COMPANY

Borrower Address

112 W. Taylor Street

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-6048

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307000.00

Current Approval Amount

307000.00

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

88240-6048

CD

NM-03

Jobs Reported

15

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307000.00

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

308850.53

Forgiveness Date

11/23/2020

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