ELEMENT SPECIALTY PRODUCTS LLC (NM) - 2020 PPP Loan Borrower Profile (# 1487578308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ELEMENT SPECIALTY PRODUCTS 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

1487578308

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$48,990

Date Loan was Approved

Jan 17, 2021

Amount Forgiven

$49,232.94

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

48,985

Lender

Four Corners Community Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

424720

Borrower Location

Farmington, NM

Project Location

Farmington, NM

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.