FADI 3428 INC (NM) - 2020 PPP Loan Borrower Profile (# 5541667206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FADI 3428 INC. 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

5541667206

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$135,872

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$136,675.37

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

135,872

Lender

Stellar Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Las Cruces, NM

Project Location

Las Cruces, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.