1894 INC. (TX) - 2020 PPP Loan Borrower Profile (# 9569248706)

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

9569248706

SBA Office Code

0671

Processing Method

PPS

Curent Loan Amount

$213,565

Date Loan was Approved

Apr 9, 2021

Amount Forgiven

$215,460.76

Date Loan was Forgiven

Mar 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

213,565

Lender

Moody National Bank

Business Detail

Business Type

Professional Association

NAICS

711190

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.