550 LODGING INC (NM) - 2020 PPP Loan Borrower Profile (# 8261288401)
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
8261288401
SBA Office Code
0682
Processing Method
PPS
Curent Loan Amount
$26,332.53
Date Loan was Approved
Feb 13, 2021
Amount Forgiven
$26,601.63
Date Loan was Forgiven
Feb 25, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
26,328.53
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
Yes
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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