Mining Equipment, Ltd.

$496,900 PPP Loan in Durango, Colorado

Loan Details

Loan Number
8162637005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$496,900
Current Approval
$496,900
Forgiveness Amount
$499,636
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mining Equipment, Ltd.
Address
484 Turner Dr Ste 201c
ZIP Code
81303-3432
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$421,290
Utilities
$10,084
Health Care
$65,526

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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