Varco Electric, LLC

$557,300 PPP Loan in Carlsbad, New Mexico

Loan Details

Loan Number
3755317202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$557,300
Current Approval
$557,300
Forgiveness Amount
$563,667
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Varco Electric, LLC
Address
5319 Sierra Vista Dr
ZIP Code
88220-9427
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Utilities (221111)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
NM-02

Loan Use Breakdown

Payroll
$557,300

Lender Information

Servicing Lender
Western Commerce Bank
Originating Lender
Western Commerce Bank

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