'50' STATE DMV, LLC (NM) - 2020 PPP Loan Borrower Profile (# 1003747309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to '50' STATE DMV, 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

1003747309

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$89,037

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$90,229.11

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

87,037

Rent Proceed

1,000

Lender

First Source Federal Credit Union

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441110

Borrower Location

LAS CRUCES, NM

Project Location

LAS CRUCES, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.