1215 HOTEL OPERATING LLC (NM) - 2020 PPP Loan Borrower Profile (# 4118568608)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1215 HOTEL OPERATING LLC. 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 New Mexico.

Loan Detail

Loan Number
4118568608
SBA Office Code
0682
Processing Method
PPS
Curent Loan Amount
$168,800
Date Loan was Approved
Mar 18, 2021
Amount Forgiven
$169,586.19
Date Loan was Forgiven
Sep 9, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
168,798
Lender
Frost Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
721110
Borrower Location
Ruidoso, NM
Project Location
Ruidoso, NM
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
27
Business Age Description
Existing or more than 2 years old
Data Source: SBA.