ABASSI WHOLESALE & DISTRIBUTING COMPANY (TX) - 2020 PPP Loan Borrower Profile (# 4737227102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABASSI WHOLESALE & DISTRIBUTING COMPANY. 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
4737227102
SBA Office Code
0671
Processing Method
PPP
Curent Loan Amount
$35,292
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$35,568.53
Date Loan was Forgiven
Feb 3, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
35,292
Lender
Texas Capital Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
541611
Borrower Location
Sugar Land, TX
Project Location
Sugar Land, TX
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.