Aries Well Service INC

$2,276,578 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
2237977109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,276,578
Current Approval
$2,276,578
Forgiveness Amount
$2,303,138
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aries Well Service INC
Address
Po Box 784
City
Hobbs
ZIP Code
88241
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$2,276,578

Lender Information

Servicing Lender
American Momentum Bank
Originating Lender
American Momentum Bank

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