Custom Welding of Hobbs, Inc.

$669,400 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
8533707002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$669,400
Current Approval
$669,400
Forgiveness Amount
$674,997
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Custom Welding of Hobbs, Inc.
Address
2536 W Marland
City
Hobbs
ZIP Code
88241
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
55
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$669,400

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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