CLASSIC ROUSTABOUT & WELDING SERVICES LL (NM) - 2020 PPP Loan Borrower Profile (# 2744998900)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CLASSIC ROUSTABOUT & WELDING SERVICES LL. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Mexico.

Loan Detail

Loan Number

2744998900

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$50,000

Date Loan was Approved

Apr 27, 2021

Amount Forgiven

$50,350.68

Date Loan was Forgiven

Jan 18, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

49,993

Lender

Lea County State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

213112

Borrower Location

Lovington, NM

Project Location

Lovington, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.