PPP Loan information for Richards energy compression, llc

$633,800

Richards energy compression, llc was initially approved for PPP Loan of amount $633,800, the current approved amount is $633,800. The loan was approved on 04/12/2020 by The Western Commerce Bank reported 33 jobs and $633,800 was used to fund payroll.

Richards energy compression, llc is Existing or more than 2 years old

RICHARDS ENERGY COMPRESSION, LLC

Date Approved

04/12/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RICHARDS ENERGY COMPRESSION, LLC

Borrower Address

24 REGENCY SQ

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88242-9774

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

633800.00

Current Approval Amount

633800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

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

88242-9774

CD

NM-03

Jobs Reported

33

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

633800.00

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

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

639408.70

Forgiveness Date

03/05/2021

;