PPP Loan information for American valve and meter co inc

$117,895

American valve and meter co inc was initially approved for PPP Loan of amount $117,895, the current approved amount is $117,895. The loan was approved on 04/01/2021 by The Lea County State Bank reported 10 jobs and $117,895 was used to fund payroll.

American valve and meter co inc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / American valve and meter co inc

AMERICAN VALVE AND METER CO INC

Date Approved

04/01/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

AMERICAN VALVE AND METER CO INC

Borrower Address

1113 W Broadway St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-5501

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117895.00

Current Approval Amount

117895.00

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

88240-5501

CD

NM-03

Jobs Reported

10

NAICS Code

324199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117894.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

118421.49

Forgiveness Date

09/17/2021

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