IGW CHILDREN'S HOPE FOUNDATION, INC. (NM) - 2020 PPP Loan Borrower Profile (# 7085137303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to IGW CHILDREN'S HOPE FOUNDATION, 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

7085137303

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$11,300

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$11,404.33

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

8,586

Mortgage Interest Proceed

1,714

Lender

The Citizens Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813410

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.