GILBERT GARCIA & SON (NM) - 2020 PPP Loan Borrower Profile (# 4118817103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GILBERT GARCIA & SON. 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

4118817103

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$10,785

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$10,913.53

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,696

Payroll Proced

8,089

Lender

United Business Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

561622

Borrower Location

BELEN, NM

Project Location

BELEN, 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.