PPP Loan information for Nor-lea hospital district

$6,654,000

Nor-lea hospital district was initially approved for PPP Loan of amount $6,654,000, the current approved amount is $6,654,000. The loan was approved on 04/28/2020 by The Lea County State Bank reported 497 jobs and $6,654,000 was used to fund payroll.

Nor-lea hospital district is Existing or more than 2 years old

PPP Loan Search / NM / LOVINGTON / Nor-lea hospital district

NOR-LEA HOSPITAL DISTRICT

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

NOR-LEA HOSPITAL DISTRICT

Borrower Address

1600 N MAIN AVE

Borrower City

LOVINGTON

Borrower State

NM

Borrower Zip

88260-2871

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6654000.00

Current Approval Amount

6654000.00

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

LOVINGTON

Project County Name

LEA

Project State

NM

Project Zip

88260-2871

CD

NM-03

Jobs Reported

497

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

6503227.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

50773

Business Type

Non-Profit Organization

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

6729472.77

Forgiveness Date

06/25/2021

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