CNJ OILFIELD SERVICES LLC (NM) - 2020 PPP Loan Borrower Profile (# 4378857002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CNJ OILFIELD SERVICES LLC. 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

4378857002

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$2,487,200

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$2,159,024.83

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

10,000

Payroll Proced

2,438,200

Rent Proceed

39,000

Lender

The Citizens Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238990

Borrower Location

FARMINGTON, NM

Project Location

FARMINGTON, NM

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

152

Business Age Description

Existing or more than 2 years old

Data Source: SBA.