ABBASI & ABBASI INC (TX) - 2020 PPP Loan Borrower Profile (# 1399268004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABBASI & ABBASI 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

1399268004

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$13,540

Date Loan was Approved

Jun 22, 2020

Amount Forgiven

$13,674.29

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

13,540

Lender

Celtic Bank Corporation

Business Detail

Business Type

Corporation

NAICS

453998

Borrower Location

Murchison, TX

Project Location

Murchison, TX

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.