Magnolia Automotive, INC

$32,800 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
2206837110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$32,800
Current Approval
$32,800
Forgiveness Amount
$33,254
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Automotive, INC
Address
17852 Fm 1488 Road
State
Texas
ZIP Code
77354
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$32,800

Lender Information

Servicing Lender
Woodforest National Bank
Originating Lender
Woodforest National Bank

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