Mag Material, LLC
$117,100 PPP Loan in Fredonia, Texas
Loan Details
- Loan Number
- 8140847008
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $117,100
- Current Approval
- $117,100
- Forgiveness Amount
- $117,982
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mag Material, LLC
- Address
- 4282 Ranch Road 386
- City
- Fredonia
- State
- Texas
- ZIP Code
- 76842-5236
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (212321)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- TX-11
Loan Use Breakdown
- Payroll
- $113,100
- Utilities
- $4,000
Lender Information
- Servicing Lender
- The Commercial Bank
- Originating Lender
- The Commercial Bank
Other PPP Loans in Fredonia, TX
| Business | Approved | |
|---|---|---|
| Fredonia Steel Company | $102,400 |  AI Deep Dive |
| Fredonia Steel Company LLC | $80,250 | AI Deep Dive |
| Fredonia Peanut Co., INC | $67,805 | AI Deep Dive |
| Randy Frnka | $44,600 | AI Deep Dive |
| Anastas Plumbing Inc. | $40,380 | AI Deep Dive |
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