Red Line Oilfield Service LLC

$320,900 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
8387798407
Date Approved
Feb 13, 2021
Loan Status
Paid in Full
Initial Approval
$320,900
Current Approval
$320,900
Forgiveness Amount
$322,763
Forgiveness Date
Sep 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Red Line Oilfield Service LLC
Address
222 NW County Rd
City
Hobbs
ZIP Code
88240-9376
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$320,897
Utilities
$1

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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