Pace Oilfield Services, Inc.

$467,900 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
5913827001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$467,900
Current Approval
$467,900
Forgiveness Amount
$471,825
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pace Oilfield Services, Inc.
Address
2119 N. French Dr
City
Hobbs
ZIP Code
88240-9238
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$374,320
Rent
$46,790
Utilities
$46,790

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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