Mag-T, LP

$3,851,800 PPP Loan in Austin, Texas

Loan Details

Loan Number
6685457010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,851,800
Current Approval
$3,851,800
Forgiveness Amount
$3,896,017
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mag-T, LP
Address
8400 Research Blvd
City
Austin
State
Texas
ZIP Code
78758-8350
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
290
Estimated Revenue
$73.1M
Rural/Urban
Urban
Congressional District
TX-37

Loan Use Breakdown

Payroll
$3,851,800

Lender Information

Servicing Lender
Frost Bank
Originating Lender
Frost Bank

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