Wellhead Compression INC

$550,300 PPP Loan in Farmington, New Mexico

Loan Details

Loan Number
4448497008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$550,300
Current Approval
$550,300
Forgiveness Amount
$553,436
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wellhead Compression INC
Address
59 Rd 3720
ZIP Code
87401
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$484,300
Rent
$45,000
Utilities
$15,000
Debt Interest
$6,000

Lender Information

Servicing Lender
Bank of the Southwest
Originating Lender
Bank of the Southwest

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