PPP Loan information for Mack energy corporation

$2,111,263

Mack energy corporation was initially approved for PPP Loan of amount $2,550,000, the current approved amount is $2,111,263. The loan was approved on 04/06/2020 by The Western Bank, Artesia, New Mexico reported 128 jobs and $2,111,263 was used to fund payroll.

Mack energy corporation is Existing or more than 2 years old

PPP Loan Search / NM / ARTESIA / Mack energy corporation

MACK ENERGY CORPORATION

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MACK ENERGY CORPORATION

Borrower Address

PO BOX 960

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88211-0960

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2550000.00

Current Approval Amount

2111262.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45726

Servicing Lender Name

Western Bank, Artesia, New Mexico

Servicing Lender Address

320 W Texas

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARTESIA

Project County Name

EDDY

Project State

NM

Project Zip

88211-0960

CD

NM-03

Jobs Reported

128

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

157016.99

Payroll Proceed

1240499.16

Mortgage Interest Proceed

0.00

Rent Proceed

31559.91

Refinance EIDL Proceed

0.00

Health Care Proceed

240330.88

Debt Interest Proceed

441855.56

Business Type

Subchapter S Corporation

Originating Lender Location Id

45726

Originating Lender

Western Bank, Artesia, New Mexico

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2135893.90

Forgiveness Date

06/09/2021

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