AFAB LLC (NM) - 2020 PPP Loan Borrower Profile (# 5347437105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFAB 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

5347437105

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$100,000

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$100,536.11

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

100,000

Lender

James Polk Stone Community Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

488410

Borrower Location

HOBBS, NM

Project Location

HOBBS, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.