ADALBERTO MAGALLANES (NV) - 2020 PPP Loan Borrower Profile (# 5012099002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADALBERTO MAGALLANES. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Nevada.

Loan Detail

Loan Number

5012099002

SBA Office Code

0944

Processing Method

PPS

Curent Loan Amount

$1,095

Date Loan was Approved

May 21, 2021

Amount Forgiven

$1,102.36

Date Loan was Forgiven

Feb 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,094

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Independent Contractors

NAICS

813930

Borrower Location

North Las Vegas, NV

Project Location

North Las Vegas, NV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.