D & L Meters and Instrument Service, Inc.

$545,300 PPP Loan in Lovington, New Mexico

Loan Details

Loan Number
7502887002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$545,300
Current Approval
$545,300
Forgiveness Amount
$550,589
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
D & L Meters and Instrument Service, Inc.
Address
3317 Anderson Dr
ZIP Code
88260-9595
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$436,200
Rent
$32,000
Utilities
$32,000
Health Care
$45,100

Lender Information

Servicing Lender
Western Commerce Bank
Originating Lender
Western Commerce Bank

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