Portfolio Symbol - MGGX                                                     Return to Listings
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GUARANTY TYPE:	STANDBY LETTER OF CREDIT		Credit Limit:	$35,000.00
NCG Account No.:	15224168706		EST.12/2002    Houston, TX
2010 FYE Financials	Gross Sales:	$960,000	Net Earnings:	$104,000
Current A/R Aging	0 - 30 Days	31 - 60 Days	61 - 90 Days	91 - 120Days
Amounts	$50,000.00	$20,000.00	$5,000.00	$500.00

Business Description
A Houston, Texas based manufacturer that sells finished materials to public and private sector entities.  The company has produces more than 44,000,000 linear feet of metal beams each year.  The company maintains a 12% annual growth rate.

Primary Products/Services Sold
NAICS CODE - 452690  Metal Beam Guard Rails and Fences
NAICS CODE - 453790  Galvanized Metal Couplings

Use of Microloan Funds
SBLC Collateral - Government Guaranteed Securities Pool

Currently Billing Contracts (Contract term is shown in months)
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END PURCHASER	GROSS AMOUNT	TERM	CREDIT	A/R TURNS
Texas DOT	$10,000	1	NET 30	42 Days
University of Houston	$4,000.00	6	NET 30	10 Days
Travis County	$21,000.00	12	NET 30	51 Days

  
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