# PPP loan: BMAG TEXAS 1 LLC
> **$324K** approved 03/31/2021 · Paid in Full · Loan `3599248710`
## Borrower
- **Name:** BMAG TEXAS 1 LLC
- **Address:** 3917 W Wall St, Midland, TX, 79703-7713
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $331K (102%)
- **Forgiveness date:** 04/05/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Blue Sky Bank
- **Servicing:** Blue Sky Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*