PPP Loan information for Southeast readi-mix products inc

$789,600

Southeast readi-mix products inc was initially approved for PPP Loan of amount $789,600, the current approved amount is $789,600. The loan was approved on 01/26/2021 by The First American Bank reported 48 jobs and $789,600 was used to fund payroll.

Southeast readi-mix products inc is Existing or more than 2 years old

SOUTHEAST READI-MIX PRODUCTS INC

Date Approved

01/26/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

SOUTHEAST READI-MIX PRODUCTS INC

Borrower Address

3001 Boyd Dr

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-4709

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

789600.00

Current Approval Amount

789600.00

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

N

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

88220-4709

CD

NM-02

Jobs Reported

48

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

789598.00

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

Subchapter S Corporation

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

792517.13

Forgiveness Date

06/15/2021

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