BEAN & ASSOCIATES INC. (NM) - 2020 PPP Loan Borrower Profile (# 5496418502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEAN & ASSOCIATES 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

5496418502

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$177,927

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$179,779.39

Date Loan was Forgiven

Mar 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

177,924

Lender

New Mexico Bank and Trust, A Division of HTLF Bank

Business Detail

Business Type

Corporation

NAICS

541990

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.