721 RESOLUTION CO (TX) - 2020 PPP Loan Borrower Profile (# 7921937804)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 721 RESOLUTION CO. 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

7921937804

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$6,396

Date Loan was Approved

Jun 4, 2020

Amount Forgiven

$6,454.53

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

799.5

Payroll Proced

4,797

Mortgage Interest Proceed

799.5

Lender

Celtic Bank Corporation

Business Detail

Business Type

Corporation

NAICS

812990

Borrower Location

DESOTO, TX

Project Location

DESOTO, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.