Leaco Rural Telephone Coop, Inc.
$709,600 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 6944527209
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $709,600
- Current Approval
- $709,600
- Forgiveness Amount
- $713,644
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Leaco Rural Telephone Coop, Inc.
- Address
- 220 Broadway St
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240-6004
- Business Type
- Corporation
- Industry (NAICS)
- Information (517311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $6.7M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $524,000
- Rent
- $116,254
- Utilities
- $15,116
- Debt Interest
- $54,230
Lender Information
- Servicing Lender
- Lea County State Bank
- Originating Lender
- Lea County State Bank
Other PPP Loans in Hobbs, NM
| Business | Approved | |
|---|---|---|
| Watson Construction Co, INC | $4,822,100 |  AI Deep Dive |
| D&d Pipeline Construction, Inc. | $3,220,600 | AI Deep Dive |
| Ingram Professional Services, Inc. | $2,899,300 | AI Deep Dive |
| Milford Pipe and Supply, Inc. | $2,862,456 | AI Deep Dive |
| Aries Well Service INC | $2,276,578 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free