PPP Loan information for Lobo well service, inc.

$187,300

Lobo well service, inc. was initially approved for PPP Loan of amount $187,300, the current approved amount is $187,300. The loan was approved on 04/15/2020 by The The Citizens Bank reported 15 jobs and $187,300 was used to fund payroll.

Lobo well service, inc. is Existing or more than 2 years old

PPP Loan Search / NM / FARMINGTON / Lobo well service, inc.

LOBO WELL SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LOBO WELL SERVICE, INC.

Borrower Address

5630 Bloomfield HWY

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401-4087

Loan Status Date

02/14/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

187300.00

Current Approval Amount

187300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

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

87401-4087

CD

NM-03

Jobs Reported

15

NAICS Code

213111

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

3400.00

Payroll Proceed

169664.00

Mortgage Interest Proceed

14236.00

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

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152511.14

Forgiveness Date

02/10/2022

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