1942 ACQUISITIONS (TX) - 2020 PPP Loan Borrower Profile (# 7040558303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1942 ACQUISITIONS. 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

7040558303

SBA Office Code

0671

Processing Method

PPS

Curent Loan Amount

$75,201

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$75,749.04

Date Loan was Forgiven

Nov 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

75,201

Lender

Stellar Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

Crosby, TX

Project Location

Crosby, 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.