CORPORATION FOR DOWNTOWN DEVELOPMENT (NM) - 2020 PPP Loan Borrower Profile (# 9554107003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CORPORATION FOR DOWNTOWN DEVELOPMENT. 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

9554107003

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$24,200

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$24,324.36

Date Loan was Forgiven

Oct 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

24,200

Lender

First American Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

712120

Borrower Location

SILVER CITY, NM

Project Location

SILVER CITY, NM

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.