Magnum Mud Equipment Co. Ins

$771,700 PPP Loan in Houma, Louisiana

Loan Details

Loan Number
3695138309
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$771,700
Current Approval
$771,700
Forgiveness Amount
$777,059
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Mud Equipment Co. Ins
Address
1973 Highway 182
City
Houma
ZIP Code
70364-3935
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$771,700

Lender Information

Servicing Lender
Synergy Bank
Originating Lender
Synergy Bank

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