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American Machine LLC

Hobbs, NM 88240

The loans, in SBA’s record

$101.8 thousand
Approved
$101,792
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$102.5 thousand
Forgiven
$102,521
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $101,792
By the amount SBA approved, ranks 1,404,359th of 10,688,106 borrowers nationally, 6,650th of 39,090 in New Mexico and 434th of 1,936 in the project’s county, Lea, NM. Larger than 86% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to American Machine LLC, as SBA recorded them
Approved onAmountStatus
April 15, 2020$51,600Paid in Full
January 22, 2021$50,192Paid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved