Closed Loop Specialties LLC

$520,000 PPP Loan in Carlsbad, New Mexico

Loan Details

Loan Number
6304938310
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$520,000
Current Approval
$520,000
Forgiveness Amount
$521,979
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Closed Loop Specialties LLC
Address
7022 Old Cavern Hwy
ZIP Code
88220
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NM-02

Loan Use Breakdown

Payroll
$519,995
Utilities
$1

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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