INDUSTRIAL ELECTRIC MOTORS, INC.

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business INDUSTRIAL ELECTRIC MOTORS, INC.
Business Type Corporation
Business Category Other Automotive Mechanical and Electrical Repair and Maintenance
Business Address 838 S. Canyon St
CARLSBAD NM 88220-5565
Jobs Retained 10
Loan Amount $86,000
Forgiveness Amount $86,511

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Jun 3, 2020

Date Approved 04/07/2020
Lender CNB Bank
202 W Stevens St
CARLSBAD NM 88220-5837
Ethnicity Owned White
Gender of Owner Male Owned
Is Owner a Veteran? Veteran