PPP Loan information for Abassi wholesale & distributing company

$105,000

Abassi wholesale & distributing company was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 02/13/2021 by The Texas Capital Bank reported 3 jobs and $105,000 was used to fund payroll.

Abassi wholesale & distributing company is Existing or more than 2 years old

ABASSI WHOLESALE & DISTRIBUTING COMPANY

Date Approved

02/13/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

ABASSI WHOLESALE & DISTRIBUTING COMPANY

Borrower Address

26 Enclave Manor Dr

Borrower City

Sugar Land

Borrower State

TX

Borrower Zip

77479-1686

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sugar Land

Project County Name

FORT BEND

Project State

TX

Project Zip

77479-1686

CD

TX-22

Jobs Reported

3

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105000.00

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

Subchapter S Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105650.14

Forgiveness Date

10/04/2021

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