Varco Electric LLC
$557,300 PPP Loan in Carlsbad, New Mexico
Loan Details
- Loan Number
- 9541368302
- Date Approved
- Jan 30, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $557,300
- Current Approval
- $557,300
- Forgiveness Amount
- $564,430
- Forgiveness Date
- May 17, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Varco Electric LLC
- Address
- 5319 Sierra Vista Dr
- City
- Carlsbad
- State
- New Mexico
- ZIP Code
- 88220-9427
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Utilities (221118)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- N/A
- Rural/Urban
- Urban
- Congressional District
- NM-02
Loan Use Breakdown
- Payroll
- $557,294
- Utilities
- $1
Lender Information
- Servicing Lender
- Western Commerce Bank
- Originating Lender
- Western Commerce Bank
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| A. R. Foreman Construction, LLC | $2,759,700 | AI Deep Dive |
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| Ar Foreman Construction LLC | $2,000,000 | AI Deep Dive |
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