FAC Explorer

Audit 369697

FY End
2024-12-31
Total Expended
$1.73M
Findings
0
Programs
5
Organization: New Mexico Community Development Loan Fund, Inc. (NM)
Year: 2024 Accepted: 2025-09-30
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
59.046 Microloan Sba IV $583,507 Yes 0
59.046 Microloan Sba V $546,279 Yes 0
10.767 Intermediary Relending Program $216,337 Yes 0
59.046 Microloan Sba III $185,774 Yes 0
59.046 Sba Ta $88,245 Yes 0

Contacts

Name Title Type
XL16VQ6B8QW7 Conchie Searle Auditee
5052433196 Erin Sparks Auditor
No contacts on file

Notes to SEFA

Expenditures reported in this schedule consist of the beginning of the year outstanding loan balance plus advances made on the loan during the year. The outstanding balance at December 31, 2023 for the Small Business Administration loans, Federal Assistance Listing #59.046, was $968,644.
The Loan Fund has no federally funded insurance.