Klein Automation & Electric, Inc.

$1,646,400 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
2044567108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,646,400
Current Approval
$1,646,400
Forgiveness Amount
$1,658,263
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Klein Automation & Electric, Inc.
Address
2415 N French Dr
City
Hobbs
ZIP Code
88240-9380
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
$42.8M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$1,545,030
Rent
$54,000
Utilities
$14,940
Debt Interest
$32,430

Lender Information

Servicing Lender
Lea County State Bank
Originating Lender
Lea County State Bank

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