BMA RENTAL LLC (NM) - 2020 PPP Loan Borrower Profile (# 5010568502)

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

5010568502

SBA Office Code

0682

Processing Method

PPS

Curent Loan Amount

$437,746

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$439,940.73

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

437,741

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.