B-5 Construction Company, Inc.

$365,000 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
5573457000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$365,000
Current Approval
$365,000
Forgiveness Amount
$368,042
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B-5 Construction Company, Inc.
Address
30355 Old Hockley Rd
State
Texas
ZIP Code
77355-6074
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$13.0M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$357,992
Rent
$3,279
Debt Interest
$3,729

Lender Information

Servicing Lender
Texas First Bank
Originating Lender
Texas First Bank

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