American Valve & Meter Co., Inc.

$122,500 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
7372977006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$122,500
Current Approval
$122,500
Forgiveness Amount
$123,292
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Valve & Meter Co., Inc.
Address
1113 W Broadway St
City
Hobbs
ZIP Code
88240-5501
Business Type
Corporation
Industry (NAICS)
Manufacturing (324199)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$116,000
Utilities
$6,500

Lender Information

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

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