Magnolia Flour, LLC

$409,700 PPP Loan in Woodway, Texas

Loan Details

Loan Number
8794517002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$409,700
Current Approval
$436,400
Forgiveness Amount
$255,816
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Flour, LLC
Address
7503 Bosque Blvd
State
Texas
ZIP Code
76712-3711
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311811)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$26.5M
Rural/Urban
Urban
Congressional District
TX-17

Loan Use Breakdown

Payroll
$327,300
Rent
$109,100

Lender Information

Servicing Lender
First National Bank of Central Texas
Originating Lender
First National Bank of Central Texas

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