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Magna Flow International INC

$1,214,800 PPP Loan in Humble, Texas

Loan Details

Loan Number
8995777104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,214,800
Current Approval
$1,214,800
Forgiveness Amount
$1,230,424
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magna Flow International INC
Address
14915 Highway 59 North
City
Humble
State
Texas
ZIP Code
77396-3210
Business Type
Corporation
Industry (NAICS)
Utilities (221310)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
TX-02

Loan Use Breakdown

Payroll
$1,188,800
Rent
$24,000
Utilities
$2,000

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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