CHILE RIVER INC (NM) - 2020 PPP Loan Borrower Profile (# 3283158308)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CHILE RIVER 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
3283158308
SBA Office Code
0682
Processing Method
PPS
Curent Loan Amount
$524,050.47
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$527,539.35
Date Loan was Forgiven
Sep 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
524,045.47
Lender
First New Mexico Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
111219
Borrower Location
Salem, NM
Project Location
Salem, NM
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
29
Business Age Description
Existing or more than 2 years old
Data Source: SBA.