505 INDUSTRIAL SUPPLY, LLC (NM) - 2020 PPP Loan Borrower Profile (# 3600847802)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 505 INDUSTRIAL SUPPLY, 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
3600847802
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$29,110
Date Loan was Approved
May 26, 2020
Amount Forgiven
$29,422.63
Date Loan was Forgiven
Jun 24, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
29,110
Lender
Intuit Financing Inc.

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
339113
Borrower Location
ALBUQUERQUE, NM
Project Location
ALBUQUERQUE, NM
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
3
Business Age Description
Unanswered
Data Source: SBA.