A.B.E.L. ENTERPRISES INC. (TX) - 2020 PPP Loan Borrower Profile (# 5304977103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A.B.E.L. ENTERPRISES 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

5304977103

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$58,349

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$58,693.9

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

58,349

Lender

The City National Bank of Sulphur Springs

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

GRAND SALINE, TX

Project Location

GRAND SALINE, TX

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.