PPP Loan information for Adams produce inc.

$964,143

Adams produce inc. was initially approved for PPP Loan of amount $964,143, the current approved amount is $964,143. The loan was approved on 04/28/2020 by The First New Mexico Bank reported 178 jobs and $964,143 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

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ADAMS PRODUCE INC.

Borrower Address

PO BOX 630

Borrower City

HATCH

Borrower State

NM

Borrower Zip

87937

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

964142.50

Current Approval Amount

964142.50

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

N

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

87937-0001

CD

NM-02

Jobs Reported

178

NAICS Code

445230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

142828.50

Payroll Proceed

771314.00

Mortgage Interest Proceed

50000.00

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

972463.18

Forgiveness Date

03/16/2021

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