550 LODGING, INC. (NM) - 2020 PPP Loan Borrower Profile (# 3243597310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 550 LODGING, INC.. 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

3243597310

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$30,000

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$30,216.16

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,000

Payroll Proced

22,461

Mortgage Interest Proceed

4,200

Rent Proceed

339

Lender

The Citizens Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

721110

Borrower Location

BLOOMFIELD, NM

Project Location

BLOOMFIELD, NM

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.