L&m Oilfield Equipment and Services, LLC

$157,870 PPP Loan in Midland, Texas

Loan Details

Loan Number
8472417004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$157,870
Current Approval
$157,870
Forgiveness Amount
$159,224
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L&m Oilfield Equipment and Services, LLC
Address
9913 W Cr 146
State
Texas
ZIP Code
79706
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$131,768
Rent
$17,607
Utilities
$1,273
Mortgage Interest
$7,222

Lender Information

Servicing Lender
Farmers State Bank of Newcastle
Originating Lender
Farmers State Bank of Newcastle

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