Magnolia Ftt, LLC

$868,300 PPP Loan in Woodway, Texas

Loan Details

Loan Number
8806637001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$868,300
Current Approval
$870,000
Forgiveness Amount
$884,301
Forgiveness Date
Dec 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Ftt, LLC
Address
7503 Bosque Blvd
State
Texas
ZIP Code
76712-3711
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
TX-17

Loan Use Breakdown

Payroll
$652,500
Rent
$217,500

Lender Information

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

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