ADRIAN VARELA (NM) - 2020 PPP Loan Borrower Profile (# 8880008702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADRIAN VARELA. 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

8880008702

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$10,385

Date Loan was Approved

Apr 8, 2021

Amount Forgiven

$10,434.62

Date Loan was Forgiven

Oct 7, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

10,385

Lender

Capital Plus Financial, LLC

Business Detail

Business Type

Independent Contractors

NAICS

813319

Borrower Location

Deming, NM

Project Location

Deming, NM

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.