PPP Loan information for 1432 inc

$335,900

1432 inc was initially approved for PPP Loan of amount $335,900, the current approved amount is $335,900. The loan was approved on 03/12/2021 by The Frost Bank reported 52 jobs and $335,900 was used to fund payroll.

1432 inc is Existing or more than 2 years old

1432 INC

Date Approved

03/12/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

1432 INC

Borrower Address

1105 W Interstate 20

Borrower City

Arlington

Borrower State

TX

Borrower Zip

76017-5857

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335900.00

Current Approval Amount

335900.00

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

N

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

52

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

335900.00

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

337896.99

Forgiveness Date

10/19/2021

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