ABACO RESOURCES INC. (TX) - 2020 PPP Loan Borrower Profile (# 7541268406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACO RESOURCES 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

7541268406

SBA Office Code

0681

Processing Method

PPP

Curent Loan Amount

$23,645

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$23,833.5

Date Loan was Forgiven

Dec 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

23,644

Lender

First Source Federal Credit Union

Business Detail

Business Type

Subchapter S Corporation

NAICS

561311

Borrower Location

Bandera, TX

Project Location

Bandera, TX

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.