1432, INC. (TX) - 2020 PPP Loan Borrower Profile (# 7652607005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1432, 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 Texas.

Loan Detail

Loan Number

7652607005

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$239,900

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$242,423.88

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

239,900

Lender

Frost Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

ARLINGTON, TX

Project Location

ARLINGTON, TX

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.