PPP Loan information for American machine llc

$51,600

American machine llc was initially approved for PPP Loan of amount $51,600, the current approved amount is $51,600. The loan was approved on 04/15/2020 by The Lea County State Bank reported 8 jobs and $51,600 was used to fund payroll.

American machine llc is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / American machine llc

AMERICAN MACHINE LLC

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

AMERICAN MACHINE LLC

Borrower Address

211 S Leech St

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-6074

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51600.00

Current Approval Amount

51600.00

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

88240-6074

CD

NM-03

Jobs Reported

8

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

42100.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

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

Non-Veteran

Non Profit

Forgiveness Amount

52029.76

Forgiveness Date

02/23/2021

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