409 INVESTMENT INC (TX) - 2020 PPP Loan Borrower Profile (# 6067128505)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 409 INVESTMENT 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

6067128505

SBA Office Code

0671

Processing Method

PPP

Curent Loan Amount

$70,000

Date Loan was Approved

Mar 2, 2021

Amount Forgiven

$70,215.83

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

69,995

Lender

Timberline Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236210

Borrower Location

Brazoria, TX

Project Location

Brazoria, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.