A1 WRIGHT AC AND HEATING CO INC (TX) - 2020 PPP Loan Borrower Profile (# 3718628503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A1 WRIGHT AC AND HEATING CO 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
3718628503
SBA Office Code
0671
Processing Method
PPP
Curent Loan Amount
$53,130
Date Loan was Approved
Feb 24, 2021
Amount Forgiven
$53,587.51
Date Loan was Forgiven
Jan 6, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
53,126
Lender
Woodforest National Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
238220
Borrower Location
Magnolia, TX
Project Location
Magnolia, TX
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.