PPP Loan information for A & m machine works inc.

$155,000

A & m machine works inc. was initially approved for PPP Loan of amount $155,000, the current approved amount is $155,000. The loan was approved on 02/04/2021 by The Lea County State Bank reported 13 jobs and $155,000 was used to fund payroll.

A & m machine works inc. is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / A & m machine works inc.

A & M MACHINE WORKS INC.

Date Approved

02/04/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

A & M MACHINE WORKS INC.

Borrower Address

501 N Grimes St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-5634

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

155000.00

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

88240-5634

CD

NM-03

Jobs Reported

13

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154997.00

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

155968.22

Forgiveness Date

09/22/2021

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