COVID Stimulus Watch Individual Entry

Recipient Company:

Las Palomas Holding Company/New Mexico Permian Equipment Company/Mountain States Real Estate Holdings, LLC/United Drilling, Inc.

Loan or Loan Guarantee Amount:

$6,800,000

Recipient Details

Ownership Structure: privately held

Facility City: Albuquerque

Facility State: NM

Award Details

Award Date: Dec 21, 2020

Award Type: loan

Award Details: Amount is principal amount of loan purchased by the Main Street Loan Program. This loan has multiple co-borrowers. CO-BORROWERS: 1. Las Palomas Holding Company (Albuquerque, NM); 2. New Mexico Permian Equipment Company (Albuquerque, NM); 3. Mountain States Real Estate Holdings, LLC (Albuquerque, NM); 4. United Drilling, Inc. (Albuquerque, NM).

PPP Lender: Lea County State Bank

Program Name: Main Street Loan Program

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Good Jobs First has not matched this entity to a parent company.

Accountability Issues Since 2010

Good Jobs First does not have any accountability data for this record.