# PPP loan: SYLVER MAGNOLIA
> **$160K** approved 04/14/2020 · Paid in Full · Loan `6348587100`
## Borrower
- **Name:** SYLVER MAGNOLIA
- **Address:** 28840 COUNTRY DR, NEW BRAUNFELS, TX, 78132-3608
- **NAICS:** 812111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $15K
- **Utilities:** $4K
- **Jobs reported:** 39
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*