Abbott & Avard, LLC

$294,000 PPP Loan in Texarkana, Texas

Loan Details

Loan Number
5588997001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$294,000
Current Approval
$294,000
Forgiveness Amount
$296,167
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abbott & Avard, LLC
Address
3444 Summerhill Rd
State
Texas
ZIP Code
75503-3560
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Burger King
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$13.3M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$265,000
Rent
$23,000
Utilities
$6,000

Lender Information

Servicing Lender
Texana Bank, National Association
Originating Lender
Texana Bank, National Association

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