Cavaloz Energy INC

$779,000 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
2449328405
Date Approved
Feb 3, 2021
Loan Status
Exemption 4
Initial Approval
$779,000
Current Approval
$779,000
Forgiveness Amount
$640,161
Forgiveness Date
Jun 13, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Cavaloz Energy INC
Address
324 N Turner St
City
Hobbs
ZIP Code
88240-8302
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$778,995
Utilities
$1

Lender Information

Servicing Lender
Western Commerce Bank
Originating Lender
Western Commerce Bank

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