FRANK GARCIA COMPANY (NM) - 2020 PPP Loan Borrower Profile (# 7214207210)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to FRANK GARCIA COMPANY. 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
7214207210
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$192,125
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$194,003.56
Date Loan was Forgiven
Apr 22, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
192,125
Lender
Mechanics Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
112120
Borrower Location
Portales, NM
Project Location
Portales, NM
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
40
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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