DERICK FRANCO (NM) - 2020 PPP Loan Borrower Profile (# 5498378910)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to DERICK FRANCO. 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
5498378910
SBA Office Code
0682
Processing Method
PPS
Curent Loan Amount
$17,623
Date Loan was Approved
Apr 30, 2021
Amount Forgiven
$17,663.56
Date Loan was Forgiven
Jul 27, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
17,620
Lender
Southwest Heritage Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
561720
Borrower Location
Las Cruces, NM
Project Location
Las Cruces, NM
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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