ARIEL INDUSTRIES, INC. (NM) - 2020 PPP Loan Borrower Profile (# 8351837005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARIEL INDUSTRIES, 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

8351837005

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$230,927

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$232,229.17

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

230,927

Lender

Century Bank

Business Detail

Business Type

Corporation

NAICS

541512

Borrower Location

LAS CRUCES, NM

Project Location

LAS CRUCES, 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.