Lane Electric, Inc.
$259,500 PPP Loan in Farmington, New Mexico
Loan Details
- Loan Number
- 6239037002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $259,500
- Current Approval
- $259,500
- Forgiveness Amount
- $260,950
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lane Electric, Inc.
- Address
- 1905 Fawcett Ct
- City
- Farmington
- State
- New Mexico
- ZIP Code
- 87401-1898
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- $5.9M
- Rural/Urban
- Rural
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $259,500
Lender Information
- Servicing Lender
- The Citizens Bank
- Originating Lender
- The Citizens Bank
Other PPP Loans in Farmington, NM
| Business | Approved | |
|---|---|---|
| West States Energy Contractors, Inc. | $5,568,600 | |
| Process Equipment & Service Company, Inc. | $5,195,800 | |
| Dugan Production Corporation | $5,181,788 | |
| Riley Industrial Services INC | $4,533,100 | |
| Cnj Oilfield Services LLC | $2,487,200 |
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