Magic Valley Concrete LLC

$606,200 PPP Loan in Palmview, Texas

Loan Details

Loan Number
5009137008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$606,200
Current Approval
$647,700
Forgiveness Amount
$655,292
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Valley Concrete LLC
Address
3609 W Palma Vista Dr
State
Texas
ZIP Code
78572-1861
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (327320)
Business Age
Existing or more than 2 years old
Jobs Reported
101
Estimated Revenue
$100.2M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$496,300
Utilities
$151,400

Lender Information

Servicing Lender
Texas National Bank
Originating Lender
Texas National Bank

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