FARMINGTON INTERNAL MEDICINE, PC (NM) - 2020 PPP Loan Borrower Profile (# 8595427007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FARMINGTON INTERNAL MEDICINE, PC. 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

8595427007

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$25,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$25,120.14

Date Loan was Forgiven

Oct 8, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

395

Payroll Proced

20,959

Rent Proceed

3,646

Lender

The Citizens Bank

Business Detail

Business Type

Corporation

NAICS

621111

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.