EARLY LEARNING PRESCHOOL, INC. (NM) - 2020 PPP Loan Borrower Profile (# 7546107200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EARLY LEARNING PRESCHOOL, 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

7546107200

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$30,472

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$30,797.88

Date Loan was Forgiven

May 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

28,472

Mortgage Interest Proceed

1,000

Lender

First Source Federal Credit Union

Business Detail

Business Type

Non-Profit Organization

NAICS

624410

Borrower Location

RIO RANCHO, NM

Project Location

RIO RANCHO, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.