Magna Fab LLC

$197,500 PPP Loan in Alvarado, Texas

Loan Details

Loan Number
1387898400
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$197,500
Current Approval
$197,500
Forgiveness Amount
$198,466
Forgiveness Date
Jul 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magna Fab LLC
Address
103 Woolard Dr
State
Texas
ZIP Code
76009-8010
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.4M
Rural/Urban
Rural
Congressional District
TX-06

Loan Use Breakdown

Payroll
$197,498
Utilities
$1

Lender Information

Servicing Lender
Citizens National Bank of Texas
Originating Lender
Citizens National Bank of Texas

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