A & M Machine Works INC

$143,200 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
7545117005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$143,200
Current Approval
$143,200
Forgiveness Amount
$144,656
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
A & M Machine Works INC
Address
501 N Grimes
City
Hobbs
ZIP Code
88240-5634
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$130,700
Rent
$8,000
Utilities
$4,500

Lender Information

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

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