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
- City
- Artesia
- State
- New Mexico
- 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
Other PPP Loans in Artesia, NM
| Business | Approved | |
|---|---|---|
| Chase Energy Services LLC | $6,903,600 | |
| Artesia General Hosptial | $5,942,000 | |
| Wilbanks Trucking Services, LLC | $3,578,200 | |
| Mack Energy Corporation | $2,550,000 | |
| Mack Energy Corporation | $2,000,000 |
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