Magnolia Cafe INC

$735,900 PPP Loan in Austin, Texas

Loan Details

Loan Number
3122898306
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$735,900
Current Approval
$735,900
Forgiveness Amount
$739,927
Forgiveness Date
Aug 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Cafe INC
Address
1920 S Congress Ave
City
Austin
State
Texas
ZIP Code
78704-3503
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$11.4M
Rural/Urban
Urban
Congressional District
TX-21

Loan Use Breakdown

Payroll
$735,896
Utilities
$1

Lender Information

Servicing Lender
Horizon Bank Ssb
Originating Lender
Horizon Bank Ssb

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