# PPP loan: HIGH DESERT INDUSTRIAL, INC.
> **$275K** approved 04/06/2020 · Paid in Full · Loan `6165827010`
## Borrower
- **Name:** HIGH DESERT INDUSTRIAL, INC.
- **Address:** 5993 Highway 64, FARMINGTON, NM, 87401-9999
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $4K
- **Mortgage interest:** $1K
- **Utilities:** $3K
- **Jobs reported:** 20
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*