COTTONWOOD MONTESSORI SCHOOL (NM) - 2020 PPP Loan Borrower Profile (# 7173887403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COTTONWOOD MONTESSORI SCHOOL. 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

7173887403

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$198,800

Date Loan was Approved

May 16, 2020

Amount Forgiven

$200,945.95

Date Loan was Forgiven

Jun 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

198,800

Lender

Bank of America, National Association

Business Detail

Business Type

Professional Association

NAICS

611699

Borrower Location

CORRALES, NM

Project Location

CORRALES, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.