CARC, INC (NM) - 2020 PPP Loan Borrower Profile (# 3554007207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARC, 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

3554007207

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$397,500

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$400,989.17

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

397,500

Lender

CNB Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

623210

Borrower Location

CARLSBAD, NM

Project Location

CARLSBAD, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.