C&R INSURANCE INC (NM) - 2020 PPP Loan Borrower Profile (# 2790117409)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to C&R INSURANCE 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

2790117409

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$131,667

Date Loan was Approved

May 6, 2020

Amount Forgiven

$132,839.38

Date Loan was Forgiven

Apr 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

131,667

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

524210

Borrower Location

FARMINGTON, NM

Project Location

FARMINGTON, NM

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.