Date Approved
02/17/2021
SBA Office Code
0677
Processing Method
PPS
Borrower Name
MAGNA LEATHER CORP
Borrower Address
6841 Commerce Ave
Borrower City
El Paso
Borrower State
TX
Borrower Zip
79915-1024
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
270610.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
41911
Servicing Lender Name
Madison Valley Bank
Servicing Lender Address
213 E Main St
Servicing Lender City
ENNIS
Servicing Lender State
MT
Servicing Lender Zip
59729-9051
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
EL PASO
Project State
Project Zip
CD
TX-16
Jobs Reported
19
NAICS Code
316998
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
271759.17
Forgiveness Date
07/28/2021