118 ENTERPRISES LLC (TX) - 2020 PPP Loan Borrower Profile (# 5615577109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 118 ENTERPRISES 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 Texas.

Loan Detail

Loan Number

5615577109

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$25,400

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$25,659.57

Date Loan was Forgiven

May 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

25,400

Lender

Frost Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

541922

Borrower Location

CRESSON, TX

Project Location

CRESSON, TX

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.