BARBOA ELECTRIC COMPANY (NM) - 2020 PPP Loan Borrower Profile (# 2482168102)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BARBOA ELECTRIC COMPANY. 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
2482168102
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$70,993
Date Loan was Approved
Jul 12, 2020
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
17 Months
Payroll Proced
70,993
Lender
Kabbage, Inc.
Business Detail
Business Type
Self-Employed Individuals
NAICS
238210
Borrower Location
La Jara, NM
Project Location
La Jara, NM
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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