HALL MACHINE & WELDING CO. INC. (NM) - 2020 PPP Loan Borrower Profile (# 2528328305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HALL MACHINE & WELDING CO. 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

2528328305

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$155,723.64

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$156,939.15

Date Loan was Forgiven

Nov 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

155,721.64

Lender

CNB Bank

Business Detail

Business Type

Corporation

NAICS

332312

Borrower Location

Carlsbad, NM

Project Location

Carlsbad, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.