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
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

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