FARMINGTON 1600 LLC (NM) - 2020 PPP Loan Borrower Profile (# 3457138510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FARMINGTON 1600 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

3457138510

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$60,756.5

Date Loan was Approved

Feb 24, 2021

Amount Forgiven

$61,172.64

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

60,752.5

Lender

Western Commerce Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Farmington, NM

Project Location

Farmington, NM

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.