# PPP loan: NEW MEXICO FOOD DISTRIBUTORS INC.
> **$1.42M** approved 02/01/2021 · Paid in Full · Loan `1408998406`
## Borrower
- **Name:** NEW MEXICO FOOD DISTRIBUTORS INC.
- **Address:** 3041 University Blvd SE, Albuquerque, NM, 87106-5040
- **NAICS:** 311999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.42M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 261
## Lender
- **Originating:** Nusenda FCU
- **Servicing:** Nusenda FCU (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*