EXPERT DOWNHOLE SERVICES (NM) - 2020 PPP Loan Borrower Profile (# 2103888510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EXPERT DOWNHOLE SERVICES. 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

2103888510

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$126,507

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$127,460.13

Date Loan was Forgiven

Nov 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

126,504

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

213112

Borrower Location

Farmington, NM

Project Location

Farmington, 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.