Adams Produce Inc.

$964,143 PPP Loan in Hatch, New Mexico

Loan Details

Loan Number
8547157200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$964,143
Current Approval
$964,143
Forgiveness Amount
$972,463
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adams Produce Inc.
Address
Po Box 630
City
Hatch
ZIP Code
87937
Business Type
Corporation
Industry (NAICS)
Retail Trade (445230)
Business Age
Existing or more than 2 years old
Jobs Reported
178
Estimated Revenue
$19.8M
Rural/Urban
Urban
Congressional District
NM-02

Loan Use Breakdown

Payroll
$771,314
Utilities
$142,829
Mortgage Interest
$50,000

Lender Information

Servicing Lender
First New Mexico Bank
Originating Lender
First New Mexico Bank

Other PPP Loans in Hatch, NM

BusinessApproved
Adams Produce INC$1,663,273NewBizBotResearch
Gillis Farms INC$363,100NewBizBotResearch
Gillis Farms, Inc.$337,600NewBizBotResearch
Village Market LLC$202,100NewBizBotResearch
Lack Farms INC$116,915NewBizBotResearch

Want to research this company further?

Try NewBizBot free