Smith & Sons Construction-Weld
$385,800 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 6136247003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $385,800
- Current Approval
- $385,800
- Forgiveness Amount
- $344,587
- Forgiveness Date
- Nov 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Smith & Sons Construction-Weld
- Address
- 2705 NW County Rd
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240-9214
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $320,994
- Rent
- $14,446
- Utilities
- $7,340
- Health Care
- $43,020
Lender Information
- Servicing Lender
- Lea County State Bank
- Originating Lender
- Lea County State Bank
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