ARTESIA SOFT WATER (NM) - 2020 PPP Loan Borrower Profile (# 9532927001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTESIA SOFT WATER. 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

9532927001

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$29,434.2

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$29,618.16

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,912.16

Payroll Proced

24,822.04

Rent Proceed

700

Lender

Western Bank, Artesia, New Mexico

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

221310

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.