PPP Loan information for New-tex rentals llc

$123,876

New-tex rentals llc was initially approved for PPP Loan of amount $123,876, the current approved amount is $123,876. The loan was approved on 02/04/2021 by The Lea County State Bank reported 7 jobs and $123,876 was used to fund payroll.

New-tex rentals llc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / New-tex rentals llc

NEW-TEX RENTALS LLC

Date Approved

02/04/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

NEW-TEX RENTALS LLC

Borrower Address

7819 N World Dr

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88242

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123875.80

Current Approval Amount

123875.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

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

88242

CD

NM-02

Jobs Reported

7

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

123873.80

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124313.61

Forgiveness Date

06/15/2021

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