ARMANDO OLAGUE (NM) - 2020 PPP Loan Borrower Profile (# 1062147404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARMANDO OLAGUE. 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

1062147404

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$108,660

Date Loan was Approved

May 3, 2020

Amount Forgiven

$55,581.83

Date Loan was Forgiven

Jul 21, 2023

Loan Status

Paid in Full

Loan Term

57 Months

Payroll Proced

108,660

Lender

Bank of America, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

811111

Borrower Location

ALBUQUERQUE, NM

Project Location

ALBUQUERQUE, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.