Nor-Lea Hospital District

$6,654,000 PPP Loan in Lovington, New Mexico

Loan Details

Loan Number
6493037204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$6,654,000
Current Approval
$6,654,000
Forgiveness Amount
$6,729,473
Forgiveness Date
Jun 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nor-Lea Hospital District
Address
1600 N Main Ave
ZIP Code
88260-2871
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
497
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$6,503,227
Utilities
$100,000
Debt Interest
$50,773

Lender Information

Servicing Lender
Lea County State Bank
Originating Lender
Lea County State Bank

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