INDEPENDENCE WELDING (NM) - 2020 PPP Loan Borrower Profile (# 2092257408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to INDEPENDENCE WELDING. 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

2092257408

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$68,232.55

Date Loan was Approved

May 5, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

2 Months

Payroll Proced

68,232.55

Lender

Washington Federal Bank d/b/a WaFd Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236220

Borrower Location

Hobbs, NM

Project Location

Hobbs, 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.