1701 COMMERCE ACQUISITION LLC (TX) - 2020 PPP Loan Borrower Profile (# 7600858603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1701 COMMERCE ACQUISITION 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

7600858603

SBA Office Code

0610

Processing Method

PPS

Curent Loan Amount

$1,175,244

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$1,193,754.09

Date Loan was Forgiven

Oct 14, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,175,242

Lender

Valley National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

CARROLLTON, TX

Project Location

CARROLLTON, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.