PPP Loan information for Prime energy inc

$55,632

Prime energy inc was initially approved for PPP Loan of amount $55,632, the current approved amount is $55,632. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 7 jobs and $55,632 was used to fund payroll.

Prime energy inc is New Business or 2 years or less

PPP Loan Search / NM / HOBBS / Prime energy inc

PRIME ENERGY INC

Date Approved

04/30/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PRIME ENERGY INC

Borrower Address

5020 W HARDTACK RD

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-0845

Loan Status Date

02/17/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

55632.00

Current Approval Amount

55632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-0845

CD

NM-03

Jobs Reported

7

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55632.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29574.99

Forgiveness Date

10/07/2021

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