PPP Loan information for M5 electric llc

$70,000

M5 electric llc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 03/08/2021 by The First American Bank reported 9 jobs and $70,000 was used to fund payroll.

M5 electric llc is Existing or more than 2 years old

PPP Loan Search / NM / Carlsbad / M5 electric llc

M5 ELECTRIC LLC

Date Approved

03/08/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

M5 ELECTRIC LLC

Borrower Address

501 N Canyon St

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-5813

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

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

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-5813

CD

NM-02

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69999.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70593.06

Forgiveness Date

01/11/2022

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