416 MINISTRIES (TX) - 2020 PPP Loan Borrower Profile (# 4568867104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 416 MINISTRIES. 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

4568867104

SBA Office Code

0681

Processing Method

PPP

Curent Loan Amount

$65,100

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$65,529.84

Date Loan was Forgiven

Dec 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

65,100

Lender

Frost Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813110

Borrower Location

NEW BRAUNFELS, TX

Project Location

NEW BRAUNFELS, TX

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.