Magic Industries, Inc.

$787,182 PPP Loan in Victoria, Texas

Loan Details

Loan Number
6604137007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$787,182
Current Approval
$787,182
Forgiveness Amount
$792,270
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Industries, Inc.
Address
2308 S Laurent
State
Texas
ZIP Code
77901-9489
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$11.4M
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$787,182

Lender Information

Servicing Lender
Newfirst National Bank
Originating Lender
Newfirst National Bank

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