4 ELEMENT OILFIELD SERVICES LLC (NM) - 2020 PPP Loan Borrower Profile (# 9062137103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 4 ELEMENT OILFIELD SERVICES 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

9062137103

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$195,400

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$197,798.33

Date Loan was Forgiven

Jul 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

195,400

Lender

Western Commerce Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

213112

Borrower Location

CARLSBAD, NM

Project Location

CARLSBAD, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.