BERCHICK INC. (NM) - 2020 PPP Loan Borrower Profile (# 6720217102)

Updated on April 18, 2025.

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

6720217102

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$306,267

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$248,206.29

Date Loan was Forgiven

Apr 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

38,283.38

Payroll Proced

229,700.25

Rent Proceed

38,283.37

Lender

First Source Federal Credit Union

Business Detail

Business Type

Subchapter S Corporation

NAICS

722110

Borrower Location

ALBUQUERQUE, NM

Project Location

ALBUQUERQUE, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

122

Business Age Description

Existing or more than 2 years old

Data Source: SBA.