HECTOR PALACIOS (NM) - 2020 PPP Loan Borrower Profile (# 5249968702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HECTOR PALACIOS. 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

5249968702

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$15,764

Date Loan was Approved

Apr 2, 2021

Amount Forgiven

$15,830.56

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

15,764

Lender

Fountainhead SBF LLC

Business Detail

Business Type

Self-Employed Individuals

NAICS

484110

Borrower Location

Clovis, NM

Project Location

Clovis, 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.