JESSICA MORALES INS CORP (NM) - 2020 PPP Loan Borrower Profile (# 3961607708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JESSICA MORALES INS CORP. 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
3961607708
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$52,612
Date Loan was Approved
May 1, 2020
Amount Forgiven
$53,120.82
Date Loan was Forgiven
Apr 30, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
52,612
Lender
Wells Fargo Bank, National Association

Business Detail

Business Type
Corporation
NAICS
524210
Borrower Location
SANTA TERESA, NM
Project Location
SANTA TERESA, NM
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
7
Business Age Description
Existing or more than 2 years old
Data Source: SBA.