BMA RENTAL LLC (NM) - 2020 PPP Loan Borrower Profile (# 1408957202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BMA RENTAL 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

1408957202

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$431,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$435,141.15

Date Loan was Forgiven

Feb 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,100

Payroll Proced

417,500

Rent Proceed

1,000

Health Care Proceed

11,900

Lender

Lea County State Bank

Business Detail

Business Type

Limited Liability Partnership

NAICS

532490

Borrower Location

LOVINGTON, NM

Project Location

LOVINGTON, 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.