1ST SOURCE MMS (TX) - 2020 PPP Loan Borrower Profile (# 5627198204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST SOURCE MMS. 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

5627198204

SBA Office Code

0671

Processing Method

PPP

Curent Loan Amount

$47,181

Date Loan was Approved

Aug 8, 2020

Amount Forgiven

$47,585.97

Date Loan was Forgiven

Jun 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

47,181

Lender

MBE Capital Partners

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

HOUSTON, TX

Project Location

HOUSTON, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.