ARCH DIAMOND LLC (NM) - 2020 PPP Loan Borrower Profile (# 6213777406)

Updated on April 18, 2025.

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

6213777406

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$357,932

Date Loan was Approved

May 14, 2020

Amount Forgiven

$361,903.57

Date Loan was Forgiven

Jun 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

357,932

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

311511

Borrower Location

PORTALES, NM

Project Location

PORTALES, NM

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.