PPP Loan information for Zapata's welding service

$38,800

Zapata's welding service was initially approved for PPP Loan of amount $38,800, the current approved amount is $38,800. The loan was approved on 04/14/2020 by The Lea County State Bank reported 6 jobs and $38,800 was used to fund payroll.

Zapata's welding service is Existing or more than 2 years old

ZAPATA'S WELDING SERVICE

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ZAPATA'S WELDING SERVICE

Borrower Address

1116 E CLINTON ST

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-5308

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38800.00

Current Approval Amount

38800.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-5308

CD

NM-03

Jobs Reported

6

NAICS Code

213112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1062.00

Payroll Proceed

37738.00

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

Sole Proprietorship

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39215.64

Forgiveness Date

05/18/2021

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