ABSOLUTELY AFFORDABLE ELECTRIC LLC (NM) - 2020 PPP Loan Borrower Profile (# 7623448405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTELY AFFORDABLE ELECTRIC 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

7623448405

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$22,037

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$22,200.01

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

22,037

Lender

Northeast Bank

Business Detail

Business Type

Limited Liability Partnership

NAICS

238210

Borrower Location

Albuquerque, NM

Project Location

Albuquerque, 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.