# PPP loan: CARLSBAD EQUITY CORPORATION
> **$150K** approved 04/07/2020 · Paid in Full · Loan `7237497001`
## Borrower
- **Name:** CARLSBAD EQUITY CORPORATION
- **Address:** 1880 E. LOHMAN AVE, LAS CRUCES, NM, 88001-3182
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 23
## Lender
- **Originating:** Citizens Bank of Las Cruces
- **Servicing:** Citizens Bank of Las Cruces (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*