Magnum Mud Equipment Co., Inc.
$800,900 PPP Loan in Houma, Louisiana
Loan Details
- Loan Number
- 4673697103
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $800,900
- Current Approval
- $800,900
- Forgiveness Amount
- $810,244
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnum Mud Equipment Co., Inc.
- Address
- 1973 Highway 182
- City
- Houma
- State
- Louisiana
- 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
- 31
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- LA-01
Loan Use Breakdown
- Payroll
- $670,900
- Rent
- $40,000
- Utilities
- $25,000
- Health Care
- $65,000
Lender Information
- Servicing Lender
- Synergy Bank
- Originating Lender
- Synergy Bank
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