ARROWHEAD DAIRY (NM) - 2020 PPP Loan Borrower Profile (# 5176297203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROWHEAD DAIRY. 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

5176297203

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$200,000

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$201,705.56

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,000

Payroll Proced

160,000

Mortgage Interest Proceed

20,000

Lender

James Polk Stone Community Bank

Business Detail

Business Type

Partnership

NAICS

112120

Borrower Location

CLOVIS, NM

Project Location

CLOVIS, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.