AMERICAN MUSCLE (NM) - 2020 PPP Loan Borrower Profile (# 4550627104)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN MUSCLE. 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
4550627104
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$24,600
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$24,847.37
Date Loan was Forgiven
Apr 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
24,600
Lender
First American Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
713940
Borrower Location
CARLSBAD, NM
Project Location
CARLSBAD, NM
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
Existing or more than 2 years old
Data Source: SBA.