Mack Energy Corporation
$2,550,000 PPP Loan in Artesia, New Mexico
Loan Details
- Loan Number
- 6088237005
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,550,000
- Current Approval
- $2,111,263
- Forgiveness Amount
- $2,135,894
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mack Energy Corporation
- Address
- Po Box 960
- City
- Artesia
- State
- New Mexico
- ZIP Code
- 88211-0960
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (211120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 128
- Estimated Revenue
- $7.8M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $1,240,499
- Rent
- $31,560
- Utilities
- $157,017
- Health Care
- $240,331
- Debt Interest
- $441,856
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 |  Research |
| Artesia General Hosptial | $5,942,000 | Research |
| Wilbanks Trucking Services, LLC | $3,578,200 | Research |
| Mack Energy Corporation | $2,000,000 | Research |
| Chase Energy Services LLC | $2,000,000 | Research |
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