Farmington Heating & Metal Co., Inc.

$1,093,800 PPP Loan in Farmington, New Mexico

Loan Details

Loan Number
4532867004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,093,800
Current Approval
$1,093,800
Forgiveness Amount
$1,102,311
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmington Heating & Metal Co., Inc.
Address
703 West Broadway
ZIP Code
87401-5607
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$34.8M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$691,600
Utilities
$54,800
Health Care
$324,600
Mortgage Interest
$22,800

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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