1894 INC. (TX) - 2020 PPP Loan Borrower Profile (# 3235147108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1894 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

3235147108

SBA Office Code

0671

Processing Method

PPP

Curent Loan Amount

$281,700

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$284,470.69

Date Loan was Forgiven

Apr 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

281,700

Lender

Moody National Bank

Business Detail

Business Type

Professional Association

NAICS

926110

Borrower Location

GALVESTON, TX

Project Location

GALVESTON, 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.