ESTELI DEVELOPMENT (NM) - 2020 PPP Loan Borrower Profile (# 5228247703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ESTELI DEVELOPMENT. 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

5228247703

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$8,094

Date Loan was Approved

May 1, 2020

Amount Forgiven

$8,162.97

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,094

Lender

Bank of America, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

Borrower Location

RIO RANCHO, NM

Project Location

RIO RANCHO, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.