PPP Loan information for Richard's energy compression llc

$563,378

Richard's energy compression llc was initially approved for PPP Loan of amount $563,378, the current approved amount is $563,378. The loan was approved on 03/26/2021 by The Lea County State Bank reported 33 jobs and $563,378 was used to fund payroll.

Richard's energy compression llc is Existing or more than 2 years old

RICHARD'S ENERGY COMPRESSION LLC

Date Approved

03/26/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RICHARD'S ENERGY COMPRESSION LLC

Borrower Address

1629 W Bender Blvd

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-8010

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

563377.50

Current Approval Amount

563377.50

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

88240-8010

CD

NM-03

Jobs Reported

33

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

563377.50

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567220.81

Forgiveness Date

12/06/2021

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