PPP Loan information for Adams produce inc

$1,663,273

Adams produce inc was initially approved for PPP Loan of amount $1,663,273, the current approved amount is $1,663,273. The loan was approved on 04/15/2021 by The First New Mexico Bank reported 138 jobs and $1,663,273 was used to fund payroll.

Adams produce inc is Existing or more than 2 years old

PPP Loan Search / NM / Hatch / Adams produce inc

ADAMS PRODUCE INC

Date Approved

04/15/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

ADAMS PRODUCE INC

Borrower Address

545 E Herrera Rd

Borrower City

Hatch

Borrower State

NM

Borrower Zip

87937

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1663272.50

Current Approval Amount

1663272.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45765

Servicing Lender Name

First New Mexico Bank

Servicing Lender Address

300 S Gold Ave

Servicing Lender City

DEMING

Servicing Lender State

NM

Servicing Lender Zip

88030-3731

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hatch

Project County Name

DONA ANA

Project State

NM

Project Zip

87937

CD

NM-02

Jobs Reported

138

NAICS Code

445230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1663267.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45765

Originating Lender

First New Mexico Bank

Originating Lender City

DEMING

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1675530.59

Forgiveness Date

01/11/2022

;