3 GRAND CLIPS LLC (NM) - 2020 PPP Loan Borrower Profile (# 4670217006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3 GRAND CLIPS LLC. 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

4670217006

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$48,000

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$48,433.33

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,800

Payroll Proced

38,400

Rent Proceed

4,800

Lender

City Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812111

Borrower Location

HOBBS, NM

Project Location

HOBBS, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.