PPP Loan information for Smith & son's construction-welding inc.

$258,516

Smith & son's construction-welding inc. was initially approved for PPP Loan of amount $258,516, the current approved amount is $258,516. The loan was approved on 01/19/2021 by The Lea County State Bank reported 15 jobs and $258,516 was used to fund payroll.

Smith & son's construction-welding inc. is Existing or more than 2 years old

SMITH & SON'S CONSTRUCTION-WELDING INC.

Date Approved

01/19/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

SMITH & SON'S CONSTRUCTION-WELDING INC.

Borrower Address

2705 NW County Rd

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-9214

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258516.15

Current Approval Amount

258516.15

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

15

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

258514.15

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

Corporation

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259748.53

Forgiveness Date

07/16/2021

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