L & R Well Service, INC
$1,041,077 PPP Loan in Artesia, New Mexico
Loan Details
- Loan Number
- 5943157002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,041,077
- Current Approval
- $1,041,077
- Forgiveness Amount
- $1,047,439
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- L & R Well Service, INC
- Address
- 1st St
- City
- Artesia
- State
- New Mexico
- ZIP Code
- 88210-9735
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $872,000
- Utilities
- $69,077
- Health Care
- $85,000
- Debt Interest
- $15,000
Lender Information
- Servicing Lender
- Western Bank, Artesia, New Mexico
- Originating Lender
- Western Bank, Artesia, New Mexico
Other PPP Loans in Artesia, NM
| Business | Approved | |
|---|---|---|
| Chase Energy Services LLC | $6,903,600 |  AI Deep Dive |
| Artesia General Hosptial | $5,942,000 | AI Deep Dive |
| Wilbanks Trucking Services, LLC | $3,578,200 | AI Deep Dive |
| Mack Energy Corporation | $2,550,000 | AI Deep Dive |
| Mack Energy Corporation | $2,000,000 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free