Red Line Oilfield Service LLC
$328,400 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 3736497302
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $328,400
- Current Approval
- $328,400
- Forgiveness Amount
- $331,720
- Forgiveness Date
- May 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Red Line Oilfield Service LLC
- Address
- 817 S Leech
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $328,400
Lender Information
- Servicing Lender
- First American Bank
- Originating Lender
- First American Bank
Other PPP Loans in Hobbs, NM
| Business | Approved | |
|---|---|---|
| Watson Construction Co, INC | $4,822,100 |  AI Deep Dive |
| D&d Pipeline Construction, Inc. | $3,220,600 | AI Deep Dive |
| Ingram Professional Services, Inc. | $2,899,300 | AI Deep Dive |
| Milford Pipe and Supply, Inc. | $2,862,456 | AI Deep Dive |
| Aries Well Service INC | $2,276,578 | AI Deep Dive |
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