PPP Loan information for M squared electric llc

$39,285

M squared electric llc was initially approved for PPP Loan of amount $39,285, the current approved amount is $39,285. The loan was approved on 04/09/2020 by The First New Mexico Bank reported 3 jobs and $39,285 was used to fund payroll.

M squared electric llc is New Business or 2 years or less

M SQUARED ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

M SQUARED ELECTRIC LLC

Borrower Address

P O Box 1017

Borrower City

Deming

Borrower State

NM

Borrower Zip

88031

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39285.00

Current Approval Amount

39285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45765

Servicing Lender Name

First New Mexico Bank

Servicing Lender Address

300 S Gold Ave

Servicing Lender City

DEMING

Servicing Lender State

NM

Servicing Lender Zip

88030-3731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Deming

Project County Name

LUNA

Project State

NM

Project Zip

88031-0001

CD

NM-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39285.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45765

Originating Lender

First New Mexico Bank

Originating Lender City

DEMING

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35473.51

Forgiveness Date

10/30/2020

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