PPP Loan information for 1432, inc.

$239,900

1432, inc. was initially approved for PPP Loan of amount $239,900, the current approved amount is $239,900. The loan was approved on 04/07/2020 by The Frost Bank reported 62 jobs and $239,900 was used to fund payroll.

1432, inc. is Existing or more than 2 years old

1432, INC.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

1432, INC.

Borrower Address

1105 INTERSTATE 20

Borrower City

ARLINGTON

Borrower State

TX

Borrower Zip

76017-5857

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239900.00

Current Approval Amount

239900.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

TARRANT

Project State

TX

Project Zip

76017-5857

CD

TX-25

Jobs Reported

62

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

239900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242423.88

Forgiveness Date

05/06/2021

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