ABC FLAG ACQUISITION CORP (TX) - 2020 PPP Loan Borrower Profile (# 1698397110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC FLAG ACQUISITION CORP. 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

1698397110

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$114,717.69

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$115,795.08

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,966

Payroll Proced

91,063.69

Mortgage Interest Proceed

Rent Proceed

19,688

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

314999

Borrower Location

Haltom City, TX

Project Location

Haltom City, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.