1404 MAGNOLIA LODGE LLC (TX) - 2020 PPP Loan Borrower Profile (# 8961908409)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1404 MAGNOLIA LODGE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Texas.

Loan Detail

Loan Number

8961908409

SBA Office Code

0610

Processing Method

PPS

Curent Loan Amount

$29,137.5

Date Loan was Approved

Feb 14, 2021

Amount Forgiven

$29,333.37

Date Loan was Forgiven

Oct 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

29,133.5

Lender

Simmons Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Fort Worth, TX

Project Location

Fort Worth, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.