PPP Loan information for Lalo iron works corporation

$16,000

Lalo iron works corporation was initially approved for PPP Loan of amount $16,000, the current approved amount is $16,000. The loan was approved on 04/28/2020 by The GECU reported 1 jobs and $16,000 was used to fund payroll.

Lalo iron works corporation is Existing or more than 2 years old

PPP Loan Search / NM / CHAPARRAL / Lalo iron works corporation

LALO IRON WORKS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LALO IRON WORKS CORPORATION

Borrower Address

1248 Camino Real Dr.

Borrower City

CHAPARRAL

Borrower State

NM

Borrower Zip

88081-8047

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16000.00

Current Approval Amount

16000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

105986

Servicing Lender Name

GECU

Servicing Lender Address

1225 Airway Blvd

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79925-3620

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHAPARRAL

Project County Name

OTERO

Project State

NM

Project Zip

88081-8047

CD

NM-02

Jobs Reported

1

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

12000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

105986

Originating Lender

GECU

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16127.56

Forgiveness Date

02/19/2021

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