B & G Transportation, Inc.

$242,900 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
4578517108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$242,900
Current Approval
$242,900
Forgiveness Amount
$245,183
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B & G Transportation, Inc.
Address
5424 N Energy Place
City
Hobbs
ZIP Code
88240
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (485410)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$25.4M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$208,979
Rent
$27,533
Utilities
$2,276
Debt Interest
$4,112

Lender Information

Servicing Lender
Lea County State Bank
Originating Lender
Lea County State Bank

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