PPP Loan information for Industrial coating llc

$130,500

Industrial coating llc was initially approved for PPP Loan of amount $130,500, the current approved amount is $130,500. The loan was approved on 02/25/2021 by The Bank of the Southwest reported 7 jobs and $130,500 was used to fund payroll.

Industrial coating llc is Existing or more than 2 years old

INDUSTRIAL COATING LLC

Date Approved

02/25/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

INDUSTRIAL COATING LLC

Borrower Address

4300 Masonic Dr

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-1024

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130500.00

Current Approval Amount

130500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-1024

CD

NM-03

Jobs Reported

7

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130499.00

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

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131515.40

Forgiveness Date

12/08/2021

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