Gandy Corporation

$963,700 PPP Loan in Lovington, New Mexico

Loan Details

Loan Number
2140177109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$963,700
Current Approval
$963,700
Forgiveness Amount
$969,268
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gandy Corporation
Address
1623 S Main St
ZIP Code
88260-5707
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$955,329
Utilities
$8,371

Lender Information

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

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