University of the Southwest
$1,234,600 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 5030877110
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,234,600
- Current Approval
- $1,234,600
- Forgiveness Amount
- $1,247,149
- Forgiveness Date
- Apr 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- University of the Southwest
- Address
- 6610 N Lovington Hwy Ste 510
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240-9114
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 133
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $987,700
- Rent
- $123,500
- Utilities
- $123,400
Lender Information
- Servicing Lender
- Lea County State Bank
- Originating Lender
- Lea County State Bank
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