# PPP loan: NEW MEXICO DRIP & SPRINKLER INC
> **$161K** approved 03/08/2021 · Paid in Full · Loan `7895578500`
## Borrower
- **Name:** NEW MEXICO DRIP & SPRINKLER INC
- **Address:** 3530 Blue Quail Rd SW, Deming, NM, 88030-7727
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 19
## Lender
- **Originating:** First New Mexico Bank
- **Servicing:** First New Mexico Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*