JUAN TERRAZAS (NM) - 2020 PPP Loan Borrower Profile (# 1987447402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JUAN TERRAZAS. 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

1987447402

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$8,799

Date Loan was Approved

May 5, 2020

Amount Forgiven

$8,915.68

Date Loan was Forgiven

Sep 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,799

Lender

Bank of America, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

238290

Borrower Location

LOS LUNAS, NM

Project Location

LOS LUNAS, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.