Managing Contracts Inc.

$208,000 PPP Loan in Laredo, Texas

Loan Details

Loan Number
7215347110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$208,000
Current Approval
$208,000
Forgiveness Amount
$209,751
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Managing Contracts Inc.
Address
10205 Crossroads Loop
City
Laredo
State
Texas
ZIP Code
78045
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541214)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.7M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$190,000
Rent
$2,676
Health Care
$15,324

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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