PPP Loan information for Smith & sons construction-weld

$385,800

Smith & sons construction-weld was initially approved for PPP Loan of amount $385,800, the current approved amount is $385,800. The loan was approved on 04/06/2020 by The Lea County State Bank reported 23 jobs and $385,800 was used to fund payroll.

Smith & sons construction-weld is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / Smith & sons construction-weld

SMITH & SONS CONSTRUCTION-WELD

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

SMITH & SONS CONSTRUCTION-WELD

Borrower Address

2705 NW County Rd

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-9214

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385800.00

Current Approval Amount

385800.00

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

88240-9214

CD

NM-03

Jobs Reported

23

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7340.00

Payroll Proceed

320994.00

Mortgage Interest Proceed

0.00

Rent Proceed

14446.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43020.00

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

Veteran

Non Profit

Forgiveness Amount

344587.20

Forgiveness Date

11/04/2020

;