Magnolia Pearl Texas, LLC
$277,800 PPP Loan in Fredericksburg, Texas
Loan Details
- Loan Number
- 1149737102
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $277,800
- Current Approval
- $277,800
- Forgiveness Amount
- $279,870
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia Pearl Texas, LLC
- Address
- 461 Split Rail Xing
- City
- Fredericksburg
- State
- Texas
- ZIP Code
- 78624-7446
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (448140)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 31
- Estimated Revenue
- $9.4M
- Rural/Urban
- Rural
- Congressional District
- TX-21
Loan Use Breakdown
- Payroll
- $251,800
- Rent
- $20,000
- Utilities
- $6,000
Lender Information
- Servicing Lender
- First United Bank and Trust Company
- Originating Lender
- First United Bank and Trust Company
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