# PPP loan: GUIDANCE CENTER OF LEA COUNTY, INC.
> **$1.16M** approved 04/13/2020 · Paid in Full · Loan `5289077105`
## Borrower
- **Name:** GUIDANCE CENTER OF LEA COUNTY, INC.
- **Address:** 920 W BROADWAY ST, HOBBS, NM, 88240-5529
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Rent:** $16K
- **Utilities:** $19K
- **Health care:** $86K
- **Jobs reported:** 140
## Lender
- **Originating:** Lea County State Bank
- **Servicing:** Lea County State Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*