CLASSIC BUILDERS, INC. (NM) - 2020 PPP Loan Borrower Profile (# 5430547409)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CLASSIC BUILDERS, 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
5430547409
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$43,500
Date Loan was Approved
May 12, 2020
Amount Forgiven
$43,670.38
Date Loan was Forgiven
Oct 13, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
43,500
Lender
First National Bank
Business Detail
Business Type
Corporation
NAICS
236220
Borrower Location
LA LUZ, NM
Project Location
LA LUZ, NM
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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