EL TERRERO CONSTRUCTION LLC (NM) - 2020 PPP Loan Borrower Profile (# 4458197702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EL TERRERO CONSTRUCTION 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

4458197702

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$393,355

Date Loan was Approved

May 1, 2020

Amount Forgiven

$396,534.17

Date Loan was Forgiven

Feb 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

393,355

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

237310

Borrower Location

RIO RANCHO, NM

Project Location

RIO RANCHO, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.