1ST MERCHANT SERVICES LLC (NM) - 2020 PPP Loan Borrower Profile (# 7639148403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST MERCHANT SERVICES 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

7639148403

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$10,000

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$10,042.5

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

9,999

Lender

Legacy Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

525990

Borrower Location

Sunland Park, NM

Project Location

Sunland Park, NM

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.