FARMINGTON RUBBER, LLC (NM) - 2020 PPP Loan Borrower Profile (# 8353317202)

Updated on April 18, 2025.

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

8353317202

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$70,800

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$71,286.87

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

855

Payroll Proced

62,670

Rent Proceed

6,000

Debt Interest Proceed

1,275

Lender

The Citizens Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811191

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.