Taft Electric INC

$512,442 PPP Loan in Bloomfield, New Mexico

Loan Details

Loan Number
6686588306
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$512,442
Current Approval
$512,442
Forgiveness Amount
$515,755
Forgiveness Date
Sep 21, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Taft Electric INC
Address
32 Road 5219
ZIP Code
87413-9716
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$13.2M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$512,438
Utilities
$1

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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