Magnolia Rentals

$56,200 PPP Loan in Mcallen, Texas

Loan Details

Loan Number
6867177108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$56,200
Current Approval
$56,200
Forgiveness Amount
$56,736
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Rentals
Address
620 S. 12th Street
State
Texas
ZIP Code
78501-4928
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531110)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$33,700
Rent
$22,500

Lender Information

Servicing Lender
Vantage Bank Texas
Originating Lender
Vantage Bank Texas

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