PPP Loan information for A & m machine works inc

$143,200

A & m machine works inc was initially approved for PPP Loan of amount $143,200, the current approved amount is $143,200. The loan was approved on 04/07/2020 by The Lea County State Bank reported 16 jobs and $143,200 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

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

A & M MACHINE WORKS INC

Borrower Address

501 N Grimes

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-5634

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143200.00

Current Approval Amount

143200.00

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

N

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

16

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

130700.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

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

Veteran

Non Profit

Forgiveness Amount

144655.54

Forgiveness Date

04/26/2021

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