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
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

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