GRANTS 1505 LLC (NM) - 2020 PPP Loan Borrower Profile (# 5219587001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GRANTS 1505 LLC. 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

5219587001

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$43,700

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$44,126.22

Date Loan was Forgiven

Apr 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

33,700

Mortgage Interest Proceed

8,000

Lender

Western Commerce Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

GRANTS, NM

Project Location

GRANTS, NM

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.