ELECTRIC AVENUE, INC (NM) - 2020 PPP Loan Borrower Profile (# 5238097710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ELECTRIC AVENUE, 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

5238097710

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$13,414

Date Loan was Approved

May 1, 2020

Amount Forgiven

$6,517.23

Date Loan was Forgiven

Sep 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

13,414

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

441310

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.