Desert Hills Electric Supply, INC

$764,655 PPP Loan in Artesia, New Mexico

Loan Details

Loan Number
6178057003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$764,655
Current Approval
$595,532
Forgiveness Amount
$598,890
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Desert Hills Electric Supply, INC
Address
Commerce Rd
ZIP Code
88210-9432
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$433,368
Health Care
$162,164

Lender Information

Servicing Lender
Western Bank, Artesia, New Mexico
Originating Lender
Western Bank, Artesia, New Mexico

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