PPP Loan information for Terraton construction llc

$48,400

Terraton construction llc was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 05/13/2020 by The First American Bank reported 7 jobs and $48,400 was used to fund payroll.

Terraton construction llc is Existing or more than 2 years old

TERRATON CONSTRUCTION LLC

Date Approved

05/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

TERRATON CONSTRUCTION LLC

Borrower Address

805 W Devargas

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88242

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

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

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88242-0500

CD

NM-03

Jobs Reported

7

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48820.81

Forgiveness Date

03/25/2021

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