HOY RECOVERY PROGRAM INC (NM) - 2020 PPP Loan Borrower Profile (# 3673068507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOY RECOVERY PROGRAM 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

3673068507

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$341,582.22

Date Loan was Approved

Feb 24, 2021

Amount Forgiven

$343,299.62

Date Loan was Forgiven

Sep 7, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

341,582.22

Lender

Enterprise Bank & Trust

Business Detail

Business Type

Non-Profit Organization

NAICS

621420

Borrower Location

Espanola, NM

Project Location

Espanola, 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.