Closed Loop Specialties LLC

$520,000 PPP Loan in Carlsbad, New Mexico

Loan Details

Loan Number
9457657002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$520,000
Current Approval
$520,000
Forgiveness Amount
$497,587
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First 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
$520,000

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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