ALPHA DEVELOPMENT INC. (NM) - 2020 PPP Loan Borrower Profile (# 4370377300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPHA DEVELOPMENT INC.. 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

4370377300

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$8,333

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$8,390.17

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,333

Lender

Citizens Bank of Las Cruces

Business Detail

Business Type

Subchapter S Corporation

NAICS

236117

Borrower Location

LAS CRUCES, NM

Project Location

LAS CRUCES, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.