PPP Loan information for Xl concrete company, inc

$370,700

Xl concrete company, inc was initially approved for PPP Loan of amount $370,700, the current approved amount is $370,700. The loan was approved on 04/09/2020 by The Bank of the Southwest reported 45 jobs and $370,700 was used to fund payroll.

Xl concrete company, inc is Existing or more than 2 years old

XL CONCRETE COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

XL CONCRETE COMPANY, INC

Borrower Address

3300 Lles Ave

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87402

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370700.00

Current Approval Amount

370700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87402-0002

CD

NM-03

Jobs Reported

45

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

370700.00

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

Corporation

Originating Lender Location Id

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372812.48

Forgiveness Date

11/05/2020

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