Richard's Energy Compression LLC

$563,378 PPP Loan in Hobbs, New Mexico

Loan Details

Loan Number
9424658601
Date Approved
Mar 26, 2021
Loan Status
Paid in Full
Initial Approval
$563,378
Current Approval
$563,378
Forgiveness Amount
$567,221
Forgiveness Date
Dec 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Richard's Energy Compression LLC
Address
1629 W Bender Blvd
City
Hobbs
ZIP Code
88240-8010
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (334515)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$563,378

Lender Information

Servicing Lender
Lea County State Bank
Originating Lender
Lea County State Bank

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