Bailey's Welding Service, Inc.

$233,400 PPP Loan in Farmington, New Mexico

Loan Details

Loan Number
9913207001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$233,400
Current Approval
$233,400
Forgiveness Amount
$235,830
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bailey's Welding Service, Inc.
Address
505 Rd 350
ZIP Code
87401-1469
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$206,463
Rent
$18,190
Utilities
$1,580
Mortgage Interest
$7,167

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

Other PPP Loans in Farmington, NM

BusinessApproved
West States Energy Contractors, Inc.$5,568,600NewBizBotAI Deep Dive
Process Equipment & Service Company, Inc.$5,195,800NewBizBotAI Deep Dive
Dugan Production Corporation$5,181,788NewBizBotAI Deep Dive
Riley Industrial Services INC$4,533,100NewBizBotAI Deep Dive
Cnj Oilfield Services LLC$2,487,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free