50-50 Backhoe Service LLC

$804,936 PPP Loan in Artesia, New Mexico

Loan Details

Loan Number
6186397000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$804,936
Current Approval
$530,583
Forgiveness Amount
$533,811
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
50-50 Backhoe Service LLC
Address
Po Box
ZIP Code
88211-0375
Business Type
Limited Liability Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$418,677
Rent
$19,608
Utilities
$8,387
Health Care
$60,156
Debt Interest
$23,755

Lender Information

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

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