Monarch Silica, LLC

$626,300 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
8776357107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$626,300
Current Approval
$626,300
Forgiveness Amount
$631,328
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monarch Silica, LLC
Address
6606 Fm 1488 Rd
State
Texas
ZIP Code
77354-2544
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212399)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$626,300

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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