FIRST CHOICE EQUITY BUILDERS INC (NM) - 2020 PPP Loan Borrower Profile (# 5183648500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FIRST CHOICE EQUITY BUILDERS 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

5183648500

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$41,257

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$41,414.01

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

41,257

Lender

BMO Bank National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

Albuquerque, NM

Project Location

Albuquerque, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.