SBA 7(a)Current

Magma Construction Group, Inc.

Hallandale Beach, FLSouthState Bank, National AssociationDrywall and Insulation Contractors · NAICS 238310

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APPROVAL AMOUNT

$500,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2024-12-13

10.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Hallandale Beach, FL 33009

INDUSTRY

Drywall and Insulation Contractors · NAICS 238310

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

10.5%

LOAN STATUS

Current

Hallandale Beach, FL 33009

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