PPP Loan information for Gandy corporation

$814,600

Gandy corporation was initially approved for PPP Loan of amount $814,600, the current approved amount is $814,600. The loan was approved on 01/20/2021 by The Lea County State Bank reported 40 jobs and $814,600 was used to fund payroll.

Gandy corporation is Existing or more than 2 years old

PPP Loan Search / NM / Lovington / Gandy corporation

GANDY CORPORATION

Date Approved

01/20/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

GANDY CORPORATION

Borrower Address

1623 S Main St

Borrower City

Lovington

Borrower State

NM

Borrower Zip

88260

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

814600.00

Current Approval Amount

814600.00

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

Lovington

Project County Name

LEA

Project State

NM

Project Zip

88260

CD

NM-02

Jobs Reported

40

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

814594.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

818907.34

Forgiveness Date

08/04/2021

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