Monarch Silica LLC

$756,540 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
3832648404
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$756,540
Current Approval
$756,540
Forgiveness Amount
$763,981
Forgiveness Date
Feb 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Monarch Silica LLC
Address
6606 Fm 1488 Rd Ste 148-Box # 519
State
Texas
ZIP Code
77354-2544
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212399)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$756,539
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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