BILL'S AUTO SERVICE INC (NM) - 2020 PPP Loan Borrower Profile (# 8132087005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BILL'S AUTO SERVICE 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

8132087005

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$146,950

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$147,682.74

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,695

Payroll Proced

117,560

Mortgage Interest Proceed

14,695

Lender

The Bank of Clovis

Business Detail

Business Type

Subchapter S Corporation

NAICS

811121

Borrower Location

CLOVIS, NM

Project Location

CLOVIS, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.