1612 ASSETS LLC (TX) - 2020 PPP Loan Borrower Profile (# 9072278502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1612 ASSETS 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

9072278502

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$56,540

Date Loan was Approved

Mar 12, 2021

Amount Forgiven

$49,328.5

Date Loan was Forgiven

Sep 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

56,539

Lender

First National Bank of Central Texas

Business Detail

Business Type

Partnership

NAICS

531110

Borrower Location

Woodway, TX

Project Location

Woodway, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.