ABAL LLC (NM) - 2020 PPP Loan Borrower Profile (# 6856587009)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABAL 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
6856587009
SBA Office Code
0682
Processing Method
PPP
Curent Loan Amount
$26,900
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$27,094.79
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
20,175
Rent Proceed
6,725
Lender
First Bank and Trust, A Division of HTLF Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
623312
Borrower Location
LOGAN, NM
Project Location
LOGAN, NM
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
14
Business Age Description
New Business or 2 years or less
Data Source: SBA.