ENERGYPLEX DISTRIBUTING INC (NM) - 2020 PPP Loan Borrower Profile (# 5799818610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ENERGYPLEX DISTRIBUTING INC. 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

5799818610

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$188,760

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$190,807.92

Date Loan was Forgiven

Apr 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

188,758

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

333515

Borrower Location

Hobbs, NM

Project Location

Hobbs, 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.