PPP Loan information for Chuck's welding and machine inc.

$81,775

Chuck's welding and machine inc. was initially approved for PPP Loan of amount $81,775, the current approved amount is $81,775. The loan was approved on 01/22/2021 by The First American Bank reported 6 jobs and $81,775 was used to fund payroll.

Chuck's welding and machine inc. is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Chuck's welding and machine inc.

CHUCK'S WELDING AND MACHINE INC.

Date Approved

01/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

CHUCK'S WELDING AND MACHINE INC.

Borrower Address

201 W Gypsy St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-6506

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81775.00

Current Approval Amount

81775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

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

88240-6506

CD

NM-02

Jobs Reported

6

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

81773.00

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

Subchapter S Corporation

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82254.29

Forgiveness Date

08/30/2021

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