Royalty Rentals, Llc.

$75,000 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
8869767405
Date Approved
May 19, 2020
Loan Status
Paid in Full
Initial Approval
$75,000
Current Approval
$75,000
Forgiveness Amount
$75,483
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royalty Rentals, Llc.
Address
820 W Broadway
City
Hobbs
ZIP Code
88240
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Real Estate and Rental and Leasing (532284)
Business Age
New Business or 2 years or less
Jobs Reported
15
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$60,000
Utilities
$7,500
Mortgage Interest
$7,500

Lender Information

Servicing Lender
James Polk Stone Community Bank
Originating Lender
James Polk Stone Community Bank

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