PPP Loan information for American valve & meter co., inc.

$122,500

American valve & meter co., inc. was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 04/07/2020 by The Lea County State Bank reported 11 jobs and $122,500 was used to fund payroll.

American valve & meter co., inc. is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / American valve & meter co., inc.

AMERICAN VALVE & METER CO., INC.

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

AMERICAN VALVE & METER CO., INC.

Borrower Address

1113 W Broadway St

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-5501

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

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

11

NAICS Code

324199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

116000.00

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

123292.05

Forgiveness Date

12/10/2020

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