PPP Loan information for Mag group llc

$683,470

Mag group llc was initially approved for PPP Loan of amount $683,470, the current approved amount is $683,470. The loan was approved on 04/07/2021 by The Falcon International Bank reported 110 jobs and $683,470 was used to fund payroll.

Mag group llc is Existing or more than 2 years old

PPP Loan Search / TX / Laredo / Mag group llc

MAG GROUP LLC

Date Approved

04/07/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

MAG GROUP LLC

Borrower Address

9320 San Mateo Dr

Borrower City

Laredo

Borrower State

TX

Borrower Zip

78045-8777

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

683470.00

Current Approval Amount

683470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110490

Servicing Lender Name

Falcon International Bank

Servicing Lender Address

7718 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78045-2805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laredo

Project County Name

WEBB

Project State

TX

Project Zip

78045-8777

CD

TX-28

Jobs Reported

110

NAICS Code

926150

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

683468.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

110490

Originating Lender

Falcon International Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

687096.19

Forgiveness Date

10/25/2021

;