PPP Loan information for Lobo nut & bolt inc

$47,500

Lobo nut & bolt inc was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 02/23/2021 by The First American Bank reported 5 jobs and $47,500 was used to fund payroll.

Lobo nut & bolt inc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Lobo nut & bolt inc

LOBO NUT & BOLT INC

Date Approved

02/23/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

LOBO NUT & BOLT INC

Borrower Address

708 W Marland St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-6417

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

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

88240-6417

CD

NM-03

Jobs Reported

5

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47499.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47684.72

Forgiveness Date

07/14/2021

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