KARCAN INC. (NM) - 2020 PPP Loan Borrower Profile (# 5303888410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to KARCAN 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

5303888410

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$245,100

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$247,033.57

Date Loan was Forgiven

Dec 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

245,098

Lender

First Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

Albuquerque, NM

Project Location

Albuquerque, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.