ARTESIA FORD SALES (NM) - 2020 PPP Loan Borrower Profile (# 1321908300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTESIA FORD SALES. 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

1321908300

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$306,724.65

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$308,215.67

Date Loan was Forgiven

Jul 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

306,724.65

Lender

Western Bank, Artesia, New Mexico

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Artesia, NM

Project Location

Artesia, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.