CNRAG, INC. (NM) - 2020 PPP Loan Borrower Profile (# 7786017000)

Updated on April 18, 2025.

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

7786017000

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$141,325

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$143,154.37

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

141,325

Lender

Citizens Bank of Las Cruces

Business Detail

Business Type

Subchapter S Corporation

NAICS

624120

Borrower Location

LAS CRUCES, NM

Project Location

LAS CRUCES, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.