ALAMO AUTO CENTER INC. (NM) - 2020 PPP Loan Borrower Profile (# 6098997003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAMO AUTO CENTER 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
6098997003
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$41,700
Date Loan was Approved
Apr 6, 2020
Amount Forgiven
$41,964.18
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
700
Payroll Proced
30,000
Rent Proceed
11,000
Lender
First National Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
811111
Borrower Location
ALAMOGORDO, NM
Project Location
ALAMOGORDO, NM
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
New Business or 2 years or less
Data Source: SBA.