PPP Loan information for Grand magnolia academy

$21,855

Grand magnolia academy was initially approved for PPP Loan of amount $21,855, the current approved amount is $21,855. The loan was approved on 03/27/2021 by The Customers Bank reported 4 jobs and $21,855 was used to fund payroll.

Grand magnolia academy is Existing or more than 2 years old

GRAND MAGNOLIA ACADEMY

Date Approved

03/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

GRAND MAGNOLIA ACADEMY

Borrower Address

226 E Hancock St

Borrower City

Decatur

Borrower State

GA

Borrower Zip

30030-3757

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21855.00

Current Approval Amount

21855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

DEKALB

Project State

GA

Project Zip

30030-3757

CD

GA-05

Jobs Reported

4

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21849.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21985.53

Forgiveness Date

11/03/2021

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