K-BEAR LLC (NM) - 2020 PPP Loan Borrower Profile (# 5227798404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to K-BEAR 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

5227798404

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$61,455

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$61,771.54

Date Loan was Forgiven

Aug 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

61,449

Lender

Texas Champion Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812112

Borrower Location

Los Ranchos de Albuquerque, NM

Project Location

Los Ranchos de Albuquerque, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

119

Business Age Description

Existing or more than 2 years old

Data Source: SBA.