Economic Development Corp
$84,823 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 1654218706
- Date Approved
- Mar 27, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $84,823
- Current Approval
- $84,823
- Forgiveness Amount
- $85,192
- Forgiveness Date
- Sep 8, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Economic Development Corp
- Address
- 200 E Broadway St Ste A201
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240-8425
- Business Type
- 501(c)6 � Non Profit Membership
- Industry (NAICS)
- Other Services (except Public Administration) (813410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $84,821
Lender Information
- Servicing Lender
- Lea County State Bank
- Originating Lender
- Lea County State Bank
Other PPP Loans in Hobbs, NM
| Business | Approved | |
|---|---|---|
| Watson Construction Co, INC | $4,822,100 | |
| D&d Pipeline Construction, Inc. | $3,220,600 | |
| Ingram Professional Services, Inc. | $2,899,300 | |
| Milford Pipe and Supply, Inc. | $2,862,456 | |
| Aries Well Service INC | $2,276,578 |
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