PPP Loan information for Closed loop specialties llc

$520,000

Closed loop specialties llc was initially approved for PPP Loan of amount $520,000, the current approved amount is $520,000. The loan was approved on 01/26/2021 by The First American Bank reported 45 jobs and $520,000 was used to fund payroll.

Closed loop specialties llc is Existing or more than 2 years old

PPP Loan Search / NM / Carlsbad / Closed loop specialties llc

CLOSED LOOP SPECIALTIES LLC

Date Approved

01/26/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

CLOSED LOOP SPECIALTIES LLC

Borrower Address

7022 Old Cavern Hwy

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

520000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220

CD

NM-02

Jobs Reported

45

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

519995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521978.89

Forgiveness Date

06/15/2021

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